Compass Investments HYPE falls below $60 as Paradigm and Multicoin unstake $291

📌 HYPE falls below $60 as Paradigm and Multicoin unstake $291 million – Two of the largest venture capitalists for cryptocurrencies have unstaked Hyperliquid’s HYPE token, worth around $291 million, within a couple of days of each other, causing the price for HYPE to drop below $60 as traders look at a new wave of selling. According to on-chain tracker Onchain Lens

Paradigm and Multicoin unstaked about $291M of #Hyperliquid within days, pushing the token below $60 as traders brace for a fresh wave of selling, according to on-chain tracker Onchain Lens. Chain

$HYPE ,

Paradigm and Multicoin unstaked about $291M of #Hyperliquid within days, pushing the token below $60 as traders brace for a fresh wave of selling, according to on-chain tracker Onchain Lens.

#Macro Insights# #Paradigm