Altcoin

Unstaked

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President Donald Trump

Institutional activity targeting the Hyperliquid ecosystem in the cryptocurrency market continues to attract attention. Most recently, a large-scale transaction in HYPE tokens by Paradigm, a leading investment firm, stood out.
According to on-chain data, Paradigm has unlocked approximately 2.14 million HYPE tokens. This amount has a current market value of approximately $88 million. While this transaction does not represent a direct sale, investors are closely watching the possibility that the unstacked assets may be released into the market.
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On the other hand, another notable development on the Hyperliquid side in recent months has been the wallet activity associated with Multicoin Capital. Previous on-chain analyses suggested that Multicoin may have sold a significant amount of Ethereum (ETH) and shifted its holdings towards the HYPE token. According to the data, the relevant wallet clusters and known Multicoin addresses made approximately $240 million worth of HYPE purchases through Galaxy Digital, while sending approximately $230 million worth of ETH to Galaxy.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/watch-out-there-is-a-risk-of-sudden-selling-pressure-on-an-altcoin-88-million-has-been-unstaked/" rel="noopener noreferrer nofollow">Watch Out: There Is a Risk of Sudden Selling Pressure on an Altcoin – $88 Million Has Been Unstaked</a>

Watch Out: There Is a Risk of Sudden Selling Pressure on an Altcoin – $88 Million Has Been Unstaked

Bitcoin Sistemi EN

Other articles published on Apr 20, 2026

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