$150M HYPE Unlocks Put Pressure on Price
Visit this link to consistently profit in Binance & SPOT trading, receive free bitcoin trading signals: https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device: https://play.google.com/store/apps/details?id=com.freecryptosignals.app HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals. Funds queue ~$150M of HYPE for unstaking, $116M from Multicoin HYPE falls 8% to ~$58; withdrawals dwarf thin spot market Sale intent unclear — Jain denies selling, Selini exit tied to HIP-3 shutdown Hyperliquid’s HYPE token slid to around $58 on Wednesday in the face of large unstaking events initiated by crypto funds. Data obtained from hedge fund and analytics platform Block Liquidity shows Multicoin Capital holding a combined $138.78 million in staked HYPE, of which roughly 83% — about $116 million — sits in pending withdra...