Selini Capital has requested to unstake 504,000 HYPE worth $31.7 million, according to a July 21 update cited by BlockBeats. The address had deployed the HIP-3 Dreamcash market. After the market’s closure was announced, Selini began removing the HYPE stake that had been required to deploy and maintain that market. BlockBeats said the firm made nearly $20 million from the investment. The update centers on the unwinding of stake tied to the now-closed Dreamcash market rather than a new deployment or expansion. No additional details were provided in the source on timing beyond the July 21 notice.
Selini Capital has requested to unstake 504,000 HYPE worth $31.7 million, according to a July 21 update from BlockBeats.
The address had deployed the HIP-3 Dreamcash market. After the market’s closure was announced, Selini started unwinding the HYPE stake required to deploy and maintain that market. BlockBeats said the firm made nearly $20 million from the "investment."
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