An entity staked 1.49 million HYPE through 8 wallets, another entity unstaked $170 million
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), a single entity staked a total of 1.49 million $HYPE through 8 wallets, valued at approximately $88.2 million, with individual wallet staking amounts ranging from 115,700 to 390,400 tokens. On-chain data shows that the aforementioned 8 wallets all accumulated $HYPE via withdrawals from Bybit approximately 9 months ago and held until this staking event.
Meanwhile, 2 wallets under another entity unstaked after staking for 8 months, redeeming a total of 2.92 million $HYPE, valued at approximately $170.1 million.
