Whale restakes nearly 500,000 HYPE worth $38.9 million in a day
- —Fresh stake: 399,994 HYPE worth about $30.9 million
- —Roughly 500,000 HYPE worth $38.9 million staked in 24 hours
- —The tokens had been unstaked two months ago
Why it matters: Locking the position back into staking cuts HYPE's free float and signals the whale is taking a long-term view of the asset.
Source: PANews