On-chain analyst Ai Yi said the wallet resumed buying after a week, bringing its holdings to $14.50 million in ETH and $9.61 million in HYPE despite a cumulative unrealized loss of $1.792 million.
A newly tracked wallet withdrew $1.35 million of ETH and $2.87 million of HYPE from FalconX after a one-week pause, according to on-chain analyst Ai Yi. The address now holds $14.50 million worth of ETH and $9.61 million worth of HYPE. Its average withdrawal prices were $1,691.58 for ETH and $66.5 for HYPE, leaving the position with a cumulative unrealized loss of $1.792 million. The activity points to continued accumulation through FalconX, an institutional crypto trading platform, even as the wallet remains under water on paper.