BlockBeats reported on October 7 that a HyperLabs address belonging to the Hyperliquid development team successfully redeemed 3.75 million HYPE about two minutes ago after requesting to unstake the tokens seven days earlier. According to BlockBeats On-chain Detection, the tokens were worth about 332 million dollars.
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HyperLabs Redeems 3.75 Million HYPE After Unstaking Request
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