{"id":633694,"date":"2026-07-23T11:53:41","date_gmt":"2026-07-23T11:53:41","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/hype-falls-as-crypto-funds-queue-nearly-150m-in-locked-tokens-for-withdrawal\/"},"modified":"2026-07-23T11:53:41","modified_gmt":"2026-07-23T11:53:41","slug":"hype-falls-as-crypto-funds-queue-nearly-150m-in-locked-tokens-for-withdrawal","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/23\/hype-falls-as-crypto-funds-queue-nearly-150m-in-locked-tokens-for-withdrawal\/","title":{"rendered":"HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawal"},"content":{"rendered":"

\"HYPE<\/p>\n

HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals.<\/p>\n

Key points: <\/p>\n

Hyperliquid\u2019s $HYPE slid to around $58 earlier on Wednesday in the face of large unstaking events initiated by crypto funds. Data obtained from hedge fund and analytics platform Block Liquidity<\/a> shows Multicoin Capital holding a combined $138.78 million in staked HYPE, of which roughly 83% \u2014 about $116 million \u2014 sits in pending withdrawal. That\u2019s as Selini Capital and Galaxy Digital have queued HYPE tokens worth $4.4 million<\/a> and $29.4 million<\/a>, respectively, for withdrawal. In addition, a Multicoin-linked wallet also deposited roughly 167,000 HYPE, worth $11.2 million, to Coinbase, possibly to be sold.\u00a0<\/p>\n

As of publication, the price had recovered some of its decline, last trading hands at $59.19, according to CoinGecko data<\/a>. Trading volume in the past 24 hours was more than $415.4 million. <\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals. Key points: Hyperliquid\u2019s $HYPE slid to around $58 earlier on Wednesday in the face of large unstaking events initiated by crypto funds. Data obtained from hedge fund and analytics platform […]<\/p>\n","protected":false},"author":1,"featured_media":633695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-633694","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=633694"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/633694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/633695"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=633694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=633694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=633694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}