Data: Paradigm staked 14.7 million HYPE tokens, worth 581 million dollars

Paradigm staked 14.7 million HYPE tokens a few hours ago, worth approximately $581 million. At the same time, the institution transferred 3,020,000 HYPE (worth $119 million) to Hyperevm, after which these tokens were moved to a newly created wallet, suspected to belong to Sonnet.

Most of the staked HYPE tokens were delegated to the Anchorage by Figment node, but there are still some tokens that have not been staked in the staking balance. Currently, Paradigm holds 1,410,000 unstaked HYPE tokens in the spot balance, worth approximately $55.9 million.