Data: Paradigm will unlock approximately $224 million in staked value in two days, or will reorganize wallets

According to on-chain analyst MLM's monitoring, Paradigm has unstaked approximately 2.55 million HYPE, worth about $224 million, from 15 wallets over the past two days, accounting for 17.85% of the approximately 14.26 million HYPE currently staked in HyperCore.

MLM pointed out that Paradigm had previously conducted a similar large-scale unstaking operation a few weeks ago, subsequently consolidating the tokens into a new wallet and restaking them, so it is expected that a similar operation may be carried out this time as well.