Onchain Lens tracked a large HYPE unstaking move ahead of a broader batch of withdrawals scheduled for this week. According to the monitoring data cited by Odaily, one whale has unstaked 300,660 HYPE worth about $21.02 million, and the tokens have already entered the unstaking queue.
The same update said a total of 726,300 HYPE is expected to be unstaked this week, with an estimated value of roughly $50.4 million. The figures point to a sizable amount of HYPE moving through the unstaking process over a short time frame.
No additional identity details about the whale were disclosed in the report. The update focused on the token amounts, the estimated dollar values, and the fact that the whale’s holdings have entered the queue, while the broader weekly total provides context for the scale of upcoming HYPE unstaking activity.
According to Onchain Lens monitoring cited by Odaily, one whale has unstaked 300,660 HYPE worth about $21.02 million, with the tokens now in the unstaking queue.
The report also said 726,300 HYPE, valued at about $50.4 million, is set to be unstaked this week.
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