🚨 Selini Capital unstaked 495,473 HYPE ($𝟮𝟲.𝟴𝗠) from Hyperliquid staking and moved the full amount to OKX — an exchange deposit that typically signals intent to sell. This is the second large HYPE unstake-to-exchange flow in 24 hours, following Multicoin Capital's $58.86M unstake. Combined, ~$𝟴𝟱𝗠 in HYPE is heading toward exchange wallets. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Back-to-back institutional unstakes routing to CEXes add structural sell pressure on HYPE. The staking withdrawal also reduces Hyperliquid's locked supply. Watch whether these deposits convert to market sells — concentrated selling could pressure HYPE price discovery. HYPE is tradeable on Hyperliquid. https://arkm.com/explorer/address/0xD172868aa4456c0b876383a5074e63DFFe8179Ac source: EmberCN Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1695(Hupzy (Spot On Chain))