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The Hyperliquid Dev Team Redeems 433,000 HYPE Worth $38.14M; Monthly Interest Withdrawals Confirmed

cryptonews100_tggfrn by cryptonews100_tggfrn
September 7, 2026
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Hyperliquid Whales Shorting Gold, Crude Oil, and Storage Chips with a $53.3M Total Position
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PANews, September 7: In accordance with Yujin monitoring, the 433,000 HYPE tokens (USD $38.14 million) requested for redemption by the Hyperliquid improvement crew, HyperLabs, seven days in the past, have been obtained 12 hours in the past and subsequently transferred out to 11 addresses 9 hours in the past. Presently, HyperLabs unstakes and transfers out a number of hundred thousand HYPE tokens every month—basically withdrawing its month-to-month staking rewards: with 241 million HYPE tokens (USD $21.2 billion) in its possession, the day by day staking reward quantities to 14,400 HYPE (USD $1.26 million), exactly matching the month-to-month switch quantity.



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