Paradigm has staked 14.7 million HYPE and deposited 3.02 million HYPE into HyperEVM.

BlockBeats News, November 12th, according to MLM Monitor, a few hours ago, Paradigm staked 14.7 million HYPE tokens (approximately $5.81 billion) and transferred 3.02 million HYPE tokens (approximately $1.19 billion) to HyperEVM. Subsequently, these funds were transferred to a newly created wallet, likely related to Sonnet.

Most of the staked HYPE tokens are managed by Anchorage, a Figment node, but a portion remains unstaked in their staking balance. Overall, there are still 1.41 million HYPE tokens (approximately $55.9 million) not participating in staking and instead held in their spot account.