According to MLM monitoring, a wallet cluster associated with Tornado Cash has unlocked 262,400 HYPE tokens (approximately $6.9 million) and immediately started selling them. This entity has unlocked a total of 631,889 HYPE tokens (approximately $20.3 million) over the past three days through three different wallets. These tokens were all purchased within the first three weeks after the TGE (Token Generation Event).
Tornado Cash-Linked Wallet Cluster Unlocks 262,400 HYPE Tokens Worth $6.9M and Begins Selling
TechFlowShare
Summary
A Tornado Cash-associated wallet cluster has unlocked 262,400 HYPE tokens (approximately $6.9 million) and begun selling them. Over the past three days, the cluster transferred 631,889 HYPE tokens (about $20.3 million) through three wallets. All the tokens were purchased within three weeks after the Token Generation Event (TGE). The move has attracted attention in cryptocurrency news and crypto community circles.
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