Odaily Planet Daily reports that over the past two days, Paradigm has unbonded 2.55 million HYPE tokens across 15 different wallets, valued at approximately $224 million, representing 17.85% of its current HYPE stake of 14.26 million tokens (approximately $1.26 billion) on Hypercore. Monitoring entities note that several weeks ago, Paradigm also significantly unbonded HYPE tokens, subsequently consolidating them into new wallets and restaking them; thus, a similar strategy may be anticipated this time. The specific plans following this unbonding have not yet been confirmed.
Paradigm Unstakes 2.55M HYPE Worth $224M in Two Days
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Summary
Paradigm unstaked 2.55 million HYPE tokens, valued at $224 million, over two days through 15 wallets. This accounts for 17.85% of the 14.26 million HYPE staked in Hypercore, worth $1.26 billion. On-chain data shows Paradigm previously unstaked large volumes of HYPE, later consolidating and restaking. Traders are monitoring for new token listings or additional moves, though the strategy remains unclear.
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