News linked to both this project and an event.
According to Nicolas Quatravaux, Head of Paradigm EMEA, the first large trade occurred approximately 15 minutes after the initial fund outflow from the Binance wallet and prior to public disclosure. The buyer purchased 250 BTC put options with a strike price of $78,000 expiring on October 31, with a notional value of approximately $20 million.
this morning, two addresses suspected to be associated with Paradigm unstaked 2.92 million HYPE (approximately $171 million).Former Ethereum core developer and angel investor Eric Conner commented on this, saying: "Everyone assumes this is a sell-off, but it's more likely that this is for ETF seeding. Custodians require tokens to be liquid, and staked HYPE cannot be used. Back in April, they also unstaked $88 million worth of tokens, and on the same day, Grayscale updated its S-1 filing and switched its custodian to Anchorage."
据链上分析师 Onchain Lens（@OnchainLens）监测，2 个与加密风投机构 Paradigm（@paradigm）关联的钱包合计质押 100 万枚 HYPE，当前价值约 6,675 万美元。
According to Lookonchain monitoring, four wallets suspected to be associated with Paradigm Capital transferred 11,615 ETH, worth approximately $27.29 million, to FalconX about 3 hours ago.
According to on-chain analyst Onchain Lens (@OnchainLens), Paradigm Capital deposited 2,436 ETH—worth approximately $5.75 million—into Coinbase Prime over the past two hours.