An entity that had been inactive for over a year has unstaked 631,889 HYPE tokens, valued at approximately $20.3 million, over the past three days. The transactions were executed through three different wallets. The entity originally acquired all its HYPE tokens within three weeks following the token generation event (TGE), using funds sourced from Tornado Cash. This recent unstaking represents about 14% to 15% of the entity's total holdings, which exceed 4.36 million HYPE tokens.
Dormant Entity Unstakes $20.3M in HYPE Tokens Over Three Days
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