Crypto Whales Stampede: $40M in HYPE Unstaked—You Won’t Believe Who Blinked First 🐋

by

Picture this: the moment Kinetiq whispers, “Big things coming,” and suddenly 1 million HYPE tokens—approximately $40 million, but who’s counting?—make a dramatic, reality-TV-worthy dash to the unstaking queue. Three wallets, not even pretending to be subtle, basically ripped the rug out from under everyone else. Over 847,000 tokens? From just those three? Leave some HYPE for the rest of us, boys.

Kinetiq, ever the diplomatic ex, issued a statement about their considerate early notice—seven-day unstaking delay and all that jazz—so everyone could presumably set their alarms and calmly move their tokens. Honestly, who are we kidding? The whales were already halfway out the door, sunglasses on, Uber waiting, prepping for Kinetiq’s sparkling new features.

Meanwhile, Hyperliquid’s out here literally breaking its own records like it’s trying to impress someone, with its HyperEVM flexing more activity than a group chat after midnight. In the last 24 hours alone, a jaw-dropping $5 billion in trading volume, and if you zoom out a bit—$200 billion in a month. Someone at DeFiLlama is probably rechecking their spreadsheet, just in case a decimal ran away.

And right on Hyperliquid’s heels comes Kinetiq’s launch, hot off the CoreWriter Contracts upgrade. Now every app on HyperEVM can natively buddy up with Hypercore—the DEX equivalent of finally being able to text across platforms without it turning into a pixel disaster. Plus, with liquid staking on the way, it’s no wonder the big dolphins, er, holders, bailed from their vanilla staking pools, eager to splash around in Kinetiq’s shiny new offering.

So, mark July 15 on your calendar (or just tattoo it across your forehead—no judgment), because the entire ecosystem is holding its collective breath for what might just be crypto’s biggest plot twist yet. 🍿 🚀

Read More

2025-07-09 13:59