HyperLabs initiates unstaking of 433,000 HYPE, worth $23.45 million

Odaily Planet Daily News: According to on-chain analyst Ember's monitoring, the Hyperliquid development team HyperLabs address (0x43e...251) initiated the unstaking of 433,000 HYPE, worth $23.45 million, 8 hours ago. This HYPE will complete the unstaking process after a 7-day pending period.