A cluster of addresses with 262,400 HYPE has completed unlocking and has started selling.

On January 5th, according to MLM monitoring, the first batch of 26.24 million HYPE (approximately $6.9 million) from wallet address clusters associated with Tornado Cash has been unlocked (unstaked) and has begun to be sold. BlockBeats previously reported that on January 2nd, after more than 12 months of silence, an entity unstaked 631,889 HYPE (about $20.3 million) through three different wallets over the past three days. All HYPE held by this entity was purchased within three weeks after the TGE and the funds came from Tornado Cash. Its total holdings exceed 4.36 million HYPE, and the amount unstaked this time accounts for approximately 14% to 15% of its total holdings.