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Paradigm staked 14.7 million HYPE tokens a few hours ago, worth $581 million.
Deep Tide TechFlow News, November 12th, according to on-chain analyst MLM (@mlmabc) monitoring, Paradigm staked 14.7 million HYPE tokens a few hours ago, worth approximately $581 million. At the same time, the organization transferred 3.02 million HYPE (worth $119 million) to Hyperevm, and then these tokens were moved to a newly created wallet, suspected to belong to Sonnet.
Most of the staked HYPE tokens were delegated to the Anchorage by Figment node, but some tokens are still not staked in the staking balance. Currently, Paradigm holds 1.41 million unstaked HYPE tokens in spot balance, valued at about $55.9 million.