HyperLabs: Moves 433K HYPE to 11 Wallets

HyperLabs received 433,000 HYPE tokens valued at $38.14 million from a prior unstaking request and immediately distributed the funds to 11 separate addresses.

The move aligns with the team's pattern of monthly unstakes that equal the staking interest generated by their 241 million HYPE position, currently producing roughly 14,400 tokens or $1.26 million in daily rewards.

Price action on the 4-hour chart shows HYPE trading inside the Bollinger Bands with the upper resistance at $88.99 while the EMA50 at $84.14 and EMA200 at $73.52 anchor the bullish structure; with RSI at 59.03 and MACD confirming a golden cross, the token sits at $87.31 and may test the upper band before any pullback to the 50-EMA support.