Entity Dormant for Over 12 Months Unstakes 631,000 HYPE, Valued at $20.3 Million

Odaily News According to MLM monitoring, an entity, after being dormant for over 12 months, unstaked 631,889 HYPE through three different wallets over the past three days, valued at approximately $20.3 million.

The HYPE held by this entity was initially purchased within three weeks after the TGE, with funds sourced from Tornado Cash. This unstaking amount represents about 14% to 15% of its total holdings.