Paradigm Unstakes $171M HYPE as MakerDAO Founder Swaps MKR
2026-07-24 13:30

Woofun AI reports that Paradigm unstaked $171 million worth of HYPE tokens, with on-chain data suggesting a transfer to institutional custody.

Concurrently, an address linked to the initial MakerDAO team or investors swapped 1050 MKR for 1.316 million USDC after holding the assets for ten years.

In the NFT sector, Machi Big Brother sold Bored Ape 6801 after a three-year hold that resulted in a loss of 14.89 ETH, reportedly to fund long positions.

Meanwhile, Vlad Tenev confirmed regaining access to his account and is awaiting an explanation from the X team regarding the incident.

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Tags:
HYPE
MKR
USDC
ETH
CASHCAT
Vlad Tenev
Machi Big Brother
MakerDAO
Bored Ape
Kimi K3
Paradigm
Morgan Stanley
Citrini
JPMorgan
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