A whale staked $32.87M in HYPE after receiving tokens from FalconX, per Lookonchain, as the token trades 24% below its June all-time high.

HYPE token drops 8% to $58 as Multicoin Capital, Galaxy Digital, and Selini Capital queue nearly $150 million in tokens for unstaking on

A whale staked $32.87M in HYPE after receiving tokens from FalconX, per Lookonchain, as the token trades 24% below its June all-time high.