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Worth $14.49 million, HyperLabs allocates 179,700 HYPE to 6 team member wallets

Odaily reports that according to on-chain analyst Yu Jin's monitoring, Hyperliquid development team HyperLabs (0x43e9...a251) redeemed 179,700 HYPE worth $14.49 million from staking a few days ago, and distributed it to 6 team member wallets 11 hours ago.