HYPE’d Up? Analyst Claims Paradigm Holds $765 Million Worth of Hyperliquid Tokens

An analyst on X (Twitter) claims that renowned venture capital fund Paradigm holds up to $765 million worth of HYPE tokens. Is this a strategic vote of confidence or a precursor to a potential sell-off that could shake the market? Paradigm’s Involvement with Hyperliquid According to MLM, Paradigm holds approximately $765 million in HYPE (Hyperliquid‘s native token). While the fund has not officially confirmed this figure, Paradigm controls roughly 6% of HYPE’s circulating supply if accurate. Such a significant holding by a major investment fund is typically interpreted in two ways: either a strong belief in the project’s potential or a latent risk of a sell-off if market conditions shift unfavorably source: https://beincrypto.com/does-paradigm-hold-765-million-hyperliquid-hype-tokens/