About 2.57 Million HYPE Are Set to Exit Large Staking Withdrawal Queue Over the Next 6 Days

BlockBeats reported on August 31 that, based on TradingBeats monitoring, about 2.5658 million HYPE held by large stakers with at least 100,000 tokens each were in the large staking withdrawal queue at the time of writing. According to BlockBeats On-chain Detection, the total is valued at about $208 million at current prices. Protocol contracts, Trade.xyz, and addresses linked to Hyperliquid Labs still account for most of the volume. In addition, four large external addresses hold a combined 551,100 HYPE, worth about $44.69 million, and are expected to complete the 7-day waiting period and return to spot accounts in stages. The four addresses are 0x023a, labeled Auros Global, with about 101,000 HYPE expected to arrive on the evening of August 31; 0x251f with about 135,100 HYPE expected on the evening of September 3; 0xc288 with about 115,000 HYPE expected on September 4; and 0xe867, labeled a million-HYPE staking whale, with about 200,000 HYPE expected on September 6. Together, these four addresses account for about 21.5% of the large incoming volume over the next 6 days. The remaining about 2.0147 million HYPE are mainly tied to stakedHYPE, Kinetiq, Trade.xyz, and Hyperliquid Labs-related addresses, with September 5 expected to see the daily peak of about 1.34 million HYPE, including 1.05 million HYPE from large stakers.