A dormant holder since November 2025 staked 387,800 more HYPE through two wallets, lifting total staked holdings to 1.006 million tokens worth about $61.16 million.
A Hyperliquid whale dormant since November 2025 has staked another 387,800 HYPE through two wallets, valued at about $23.42 million, according to Onchain Lens. The deposits were split into 276,300 HYPE and 111,500 HYPE, and when combined with 619,120 HYPE staked in November 2025, the holder’s total staked HYPE reached 1.006 million tokens worth about $61.16 million. The new activity expands on earlier whale staking in HYPE and adds to signs of concentrated long-term positioning in the token. In crypto markets, staking is often watched as an indicator of conviction because it locks up tokens and can reduce liquid supply.