An entity has staked 1.49 million HYPE tokens across 8 wallets, equivalent to approximately $88.2 million.

BlockBeats News, July 24th, according to Onchain Lens monitoring, a single entity has staked 1.49 million HYPE tokens across 8 wallets, worth approximately $88.2 million. The individual wallet stakes range from 11,570 to 39,040 HYPE tokens.

The aforementioned 8 wallets had previously accumulated HYPE through Bybit and withdrew the tokens to the blockchain about 9 months ago, holding them until the recent staking activity.