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HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawal
HYPE fell 8% from its local highs as Multicoin Capital, Selini Capital, and Galaxy Digital queued nearly $150 million of the token for withdrawals.
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Adjacent reporting
- HYPE leads crypto rebound as traders position for volatility breakout
- Hyperliquid whale won’t close HYPE short despite $22M unrealized loss
- HYPE token sets new record high above $60 amid rising Wall Street demand for Hyperliquid
- Crypto funds see $1B in outflows as Iran tensions revive risk-off sentiment
- This crypto token just plunged 70%, taking its market cap below $1 billion