Crypto Funds, HYPE 150 Million USD Withdrawal Pending…Token Price Decline

HyperLiquid's HYPE dropped around 8% during trading as major crypto funds reported large unstaking withdrawal pending amounts. According to blockchain media CoinTelegraph, MultiCoin Capital, Senni Capital, and Galaxy Digital have approximately $150 million in HYPE pending withdrawal. Under blockchain liquidity metrics, MultiCoin Capital holds $138.78 million in staked HYPE, with about 83% ($116 million) pending withdrawal. Senni Capital and Galaxy Digital have $4.4 million and $29.4 million in HYPE pending respectively. Wallets linked to MultiCoin deposited around 167,000 HYPE ($11.2 million) into Coinbase. These withdrawals are expected to be processed within 5-7 days, with potential $150 million in sell pressure on HYPE liquidity. While perpetual futures volume reached ~$4 billion daily, physical trading volume remained at $72.8 million over 28 hours.