The post Paradigm Identified as Largest HYPE Holder appeared on BitcoinEthereumNews.com.

On-chain data shows Paradigm holds 19.14M HYPE, or 1.91% of total supply and 5.73% of HYPE in circulation The HYPE position is split across 19 addresses and includes 14.7M HYPE staked and 3M HYPE sent to HyperEVM tied to Sonnet Analysts see Paradigm’s size as supportive for liquidity, but also as a concentration that could pressure HYPE if sold too fast Paradigm, the institutional liquidity network for crypto derivatives, is being identified on-chain as the single largest holder of HYPE, the token that powers the Hyperliquid ecosystem.  An X user tracking Hyperliquid wallets says Paradigm controls 19,141,655 HYPE worth about $763 million, placing the firm ahead of other known holders. The holding shows that a major market player is positioning inside HYPE at size, which usually helps liquidity and confidence. This insight is from independent chain research and not from Paradigm itself. Looks like my previous theory about Paradigm holding 19M+ HYPE was right. This makes it almost a billion-dollar bet and places them as the top holder of HYPE. They currently hold 1.91% of the total supply and 5.73% of the circulating supply I originally estimated they held… — MLM (@mlmabc) November 7, 2025 Paradigm Controls 5.73% of HYPE’s Circulating Supply In a post on X, the user revealed that Paradigm’s near-billion-dollar bet on HYPE represents approximately 1.91% of the cryptocurrency’s total supply, and 5.73% of its circulating supply. Meanwhile, the tokens attributed to Paradigm are spread across 19 wallet addresses. It is worth noting that the revelation is based on the user’s independent research and not a result of Paradigm’s disclosure. Related: Crypto Investigator ZachXBT Warns of a Fake Hyperliquid App on Google Play Store In the meantime, the user further revealed that Paradigm continued to be involved in the Hyperliquid ecosystem through its cryptocurrency activities. In his…

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Filed under: News - @ November 12, 2025 4:31 pm