HyperLabs applies to redeem 179,700 HYPE, expected to arrive November 4

October 29 — According to monitoring by on-chain analyst Yu Jin, Hyperliquid development team HyperLabs applied 10 hours ago to unstake 179,706 HYPE ($14.49 million), with the tokens expected to arrive on the evening of November 4. The operation follows the same process as previous team token unlocks: after exiting staking, the tokens are first distributed to team members and then traded over-the-counter through market maker Flowdesk.