According to on-chain analyst The Data Nerd (@OnchainDataNerd), HyperLabs continues to transfer its $HYPE staking rewards—recently redeeming 433,000 $HYPE (approximately $38.14 million), which were distributed to 11 addresses after unlocking. The team currently transfers over 400,000 $HYPE per month, roughly matching its monthly staking rewards. Its holdings of 241 million $HYPE generate approximately 14,400 $HYPE (around $1.26 million) in daily staking rewards.
HyperLabs monthly transfers exceed 400,000 HYPE, with 241 million in holdings earning $1.26 million in daily staking rewards.
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Summary
HyperLabs' monthly transfers exceed 400,000 $HYPE, matching its staking rewards. In the latest crypto news, the team redeemed 433,000 $HYPE (worth $38.14 million) and sent it to 11 addresses. Its holdings of 241 million $HYPE generate 14,400 $HYPE daily in staking rewards, valued at $1.26 million. The consistent movement underscores ongoing activity in the cryptocurrency space.
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