Paradigm unstaked 2.55 million HYPE tokens over the past two days, valued at approximately $224 million.

BlockBeats news, November 2nd, according to mlm on chain monitoring, Paradigm unstaked 2.55 million HYPE through 15 different wallets over the past two days, worth approximately $224 million, accounting for 17.85% of its current 14.26 million HYPE (about $1.26 billion) staked on Hypercore. The monitor noted that several weeks ago Paradigm also unstaked a large amount of HYPE, then consolidated the tokens into new wallets and restaked them, so it is expected that a similar operation may be taken this time. The specific arrangements after this unstaking cannot yet be confirmed.