Paradigm Unstaked 2.14 Million HYPE Worth About $88 Million, Monitor Says

According to MLM monitoring, the April 21 activity involved multiple related addresses and moved roughly $88 million worth of HYPE.

HYPE

Summary

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Terms & Concepts
  • Unstaking: The process of withdrawing previously locked tokens from a staking system (locking crypto to earn rewards), making them available for transfer or sale.
  • HYPE: A cryptocurrency token referenced in the report, with about 2.14 million tokens involved in the unstaking activity.
  • Address: A blockchain account identifier used to send, receive, or hold digital assets on a network.