BlockBeats, citing mlm on chain monitoring, reported that Paradigm unstaked 2.55 million HYPE through 15 wallets over the prior two days. The tokens were valued at approximately $224 million in the report.
Share of reported stake
The monitor said the amount represented 17.85% of Paradigm’s 14.26 million HYPE staked on Hypercore, valued at about $1.26 billion.
What happens next is unconfirmed
BlockBeats said Paradigm had also unstaked a large amount several weeks earlier, then consolidated and re-staked the tokens. The monitoring account expected that similar operations might follow, but the specific post-unstaking arrangements could not be confirmed.
Source: BlockBeats English flash, published Nov. 2, 2026.