Odaily Planet Daily reports, according to on-chain analyst Yujin, the Hyperliquid development team, HyperLabs, initiated the unstaking of 433,000 HYPE tokens eight hours ago, valued at $23.45 million. These HYPE tokens will be fully unstaked after a 7-day pending period.
HyperLabs Unstakes 433,000 HYPE Worth $23.45M
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Summary
HyperLabs, the development team behind Hyperliquid, has begun unstaking 433,000 HYPE tokens, worth $23.45 million. This move is part of ongoing cryptocurrency news updates. The tokens will complete the unstaking process after a 7-day waiting period. The action is being closely monitored in the cryptocurrency news space.
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