A newly created wallet pulled another 82,089 HYPE worth about $5.16 million from exchanges in the past two hours, extending a week-long accumulation tracked by Lookonchain.
A newly created wallet, 0x6436, withdrew another 82,089 HYPE worth about $5.16 million from exchanges over the past two hours and has now accumulated 1.14 million HYPE worth about $79.22 million over the past week. On-chain data cited by Lookonchain shows the address staked the entire amount on Hyperliquid, indicating the tokens were moved into staking (locking crypto to earn rewards) rather than kept on exchanges for immediate trading.