Crypto millionaires are making moves again, pulling nearly $12 billion from HyperLiquid (HYPE) in a couple of months. The sell pressure has rattled markets, leaving traders to wonder: are whales cashing out for good, or rotating into something new?
While panic lingers, early signs suggest crypto millionaires are already circling fresh opportunities — with projects like Paydax Protocol (PDP) drawing unusual attention for its real-world asset lending backed by institutional safeguards.
Crypto Millionaires Pull Back From Hyperliquid — But Why Now?
Many are wondering why smart money is pulling back on HyperLiquid (HYPE). In a recent scenario, a wallet linked to the whale “Techno_Revenant” has just withdrawn $122 million in HYPE tokens, unsettling crypto millionaires and sparking fresh speculations. This whale initially purchased tokens when prices were around $12; with current prices now hovering around $50–$52, the position carries over $90 million in paper gains.And that withdrawal may only be the start. According to Maelstrom, the investment firm led by BitMEX co-founder Arthur Hayes, HyperLiquid (HYPE) is about to face a tidal wave of supply. Beginning November 29, nearly $500 million in HYPE tokens will be unlocked every month. Not once. Not twice. But for two straight years.

Source: Lookonchain
Maelstrom’s researcher, Lukas Ruppert, puts it bluntly: buybacks can only cover about 17% of that flow. The rest — roughly $410 million worth of tokens each month — could spill directly onto the market. Hayes isn’t standing idle, either. He sold 96,628 HYPE tokens, worth around $5.1 million, for a modest profit, citing the looming unlocks. Yet he also insists that HyperLiquid (HYPE) could surge 126× by 2028. Is this cautious behavior, or a conviction in disguise?
Paydax Protocol Will Bridge The New Frontier For Real-World Asset Lending
As $12 billion pours out of HyperLiquid (HYPE), even crypto millionaires are feeling the pressure, scrambling for safer, more flexible avenues to protect and grow their capital. Amid this turbulence, Paydax Protocol (PDP) emerges as a carefully designed solution to the very challenges exposed by recent market turmoil.
Unlocking Liquidity Amid Market Volatility
Billions are leaving HyperLiquid (HYPE), and more is set to flood the market. Many investors find their capital tied up, missing opportunities to act. Paydax Protocol (PDP) changes that. It lets you borrow against your crypto or real-world assets without selling them. Your assets continue to grow while you receive cash to seize opportunities.
Diversified Collateral Reduces Risk
Oversupply and whale moves are making markets swing wildly. Paydax Protocol (PDP) lets you borrow using a wide range of assets, including Ethereum, Bitcoin, and Solana, as well as gold, real estate, and even vehicles. All loans are overcollateralized and backed by institutional-grade partners, providing lenders and borrowers with confidence to proceed without fear of sudden losses.
Safe, Accessible DeFi Participation
When crypto millionaires control the market, security matters more than ever. Paydax Protocol (PDP) makes DeFi safe for everyone. It uses Brinks custody for real-world assets, Onfido for identity verification, and Assure DeFi for security audits. Every loan is secure, every borrower verified, and every transaction transparent.
Predictable Borrowing Costs With Fixed Interest Rates
The HyperLiquid (HYPE) token unlock shook the market, and if you’re holding assets, you’ve probably felt it. Paydax Protocol (PDP) fixes that. With APRs of 5–7%, it provides predictable borrowing costs. This solves key problems caused by market shocks:
- No sudden cost spikes: Borrowers aren’t hit by rapidly rising interest rates during turmoil.
- Better planning: Investors can accurately calculate profits, losses, and risk.
- Stability in volatility: Predictable rates reduce panic selling or overleveraging, countering the instability seen in HyperLiquid’s $12 billion sell-off.
- Accessible for all: Even retail traders can engage without worrying about hidden costs.

Source: Paydax Protocol
PDP Token Presents A Front-Row Seat To The Next Opportunity
After watching billions exit HyperLiquid (HYPE), the market feels tense: crypto millionaires are pulling back, unlocks loom, and uncertainty reigns. However, amid the chaos, the PDP token presale is available at just $0.015, offering an opportunity to step in early before the crowd catches on.
Paydax Protocol (PDP) isn’t just another token; it bridges crypto with real-world assets, backed by institutional safeguards and predictable lending. Unlike the uncertainty surrounding HYPE token, this presale is a chance to join crypto millionaires, put capital to work safely, and claim a front-row seat to the next big DeFi story.
Move Where Big Money Are Moving, Join The Paydax Presale:
Website: https://pdprotocol.com/
Telegram: https://t.me/PaydaxCommunity
X (Twitter): https://x.com/Paydaxofficial
Whitepaper: https://paydax.gitbook.io/paydax-whitepaper