HyperLabs Requests Redemption of 179,700 HYPE From Staking
HyperLabs, the development team behind Hyperliquid, requested to redeem 179,706 HYPE from staking 10 hours ago. According to Foresight News, on-chain monitor Ember reported that the tokens are expected to arrive on the evening of November 4.As with previous team token unlocks, the HYPE will first be distributed to team members after leaving staking, then traded over the counter through market maker and institutional trading platform Flowdesk.