According to Odaily Odaily, MLM monitoring indicates that after more than 12 months of inactivity, an entity unstaking 631,889 HYPE tokens, worth approximately $20.3 million, through three different wallets in the past three days.
The entity initially purchased its HYPE holdings within three weeks of the TGE, funded by Tornado Cash. The amount of collateral released in this transaction represents approximately 14% to 15% of its total holdings.
