CryptoCointelegraphabout 3 hours ago
HYPE falls as $150M in tokens queue for withdrawal
1 min read
HYPE fell 8% to around $58 as Multicoin Capital, Selini Capital, and Galaxy Digital queued nearly $150 million of the token for withdrawal. Multicoin holds $138.78 million in staked HYPE, with $116 million in pending withdrawal. The withdrawal queue nearly doubles daily spot turnover of $72.8 million.
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