New wallets withdraw 1.07 million HYPE worth about $75.77 million

Blockchain trackers reported large HYPE accumulation through newly created or likely linked wallets. Lookonchain said two new wallets withdrew a combined 1,072,317 HYPE worth about $75.77 million, including wallet 0x643...0103, which accumulated 902,317 HYPE worth $64.9 million over three days after another 140,960 HYPE withdrawal, and wallet 0xc0f...ba47, which withdrew 170,000 HYPE worth $10.87 million from Coinbase. Separately, Onchain Lens said a newly created wallet withdrew 180,000 HYPE worth about $13.4 million from Coinbase and that three likely related addresses withdrew 557,406 HYPE worth about $41.53 million from Kraken before staking the tokens. Large exchange outflows and staking activity are often watched because they can indicate a shift toward longer-term holding or yield generation rather than immediate sale.

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