PANews reported on November 7th that, according to MLM analysis, investment firm Paradigm currently holds over 19.14 million HYPE tokens, representing 1.91% of the total supply and 5.73% of the circulating supply, making it the largest holder of HYPE. Previous estimates placed its holdings at 19,134,900 HYPE tokens (worth $765 million), but the actual holding is higher at 19,141,655 HYPE tokens (approximately $763 million).

Paradigm has consolidated all HYPE tokens to a new address and confirmed their holdings and related wallet distribution.