A whale address previously associated with Galaxy Digital has unstaked 304,620 HYPE tokens, valued at approximately $27.19 million, after three months of inactivity.
The wallet had originally acquired its HYPE holdings through Galaxy Digital before going dormant. The recent unstaking action marks the first on-chain movement from the address in roughly 90 days, drawing attention as a potential signal of shifting sentiment among large holders in the Hyperliquid ecosystem.
Whale Unstakes 304,620 HYPE Worth $27.19M After Three-Month Dormancy
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
