HyperLabs Transfers Over 400,000 HYPE Monthly, 241 Million Token Holdings Earn $1.26 Million in Daily Staking Rewards
On-chain analyst The Data Nerd (@OnchainDataNerd) has observed that HyperLabs is consistently transferring its $HYPE staking rewards—recently redeeming 433,000 $HYPE (approximately $38.14 million) and distributing them to 11 addresses after the unlock. It is reported that the team currently withdraws over 400,000 $HYPE monthly, which closely aligns with its monthly staking rewards. Its holdings of 241 million $HYPE generate approximately 14,400 $HYPE (around $1.26 million) in staking yields per day.