Paradigm unstaked 2.55 million HYPE tokens, valued at approximately $224 million, through 15 different wallets over the past two days, according to on-chain analyst MLM. This is not the first time the crypto venture capital firm has made such a move. A few weeks ago, Paradigm similarly unstaked a large amount of HYPE, consolidated it into new wallets, and subsequently re-staked the tokens. The current unstaking is expected to follow the same pattern.