Analysis: Paradigm may hold approximately $765.4 million worth of HYPE

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PANews
08-04
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PANews reports on August 4th that according to @mlmabc's monitoring, Paradigm may hold 19,134,900.46 HYPE tokens, valued at approximately $765.4 million, with an estimated average cost of $16.46, and a total cost of around $315 million, resulting in an unrealized profit of about $450 million.

Although Paradigm has never disclosed its address, @mlmabc believes that Paradigm initially purchased HYPE through FalconX, and then bought more HYPE through Wintermute after November, and marked these potentially Paradigm-owned wallets through large HYPE withdrawals from FalconX, as well as timing and structural behaviors.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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