Onchain Lens said the July 8 transfers included 78,100 HYPE and 263,700 LIT, with the tokens possibly accumulated through Galaxy Digital.
A whale moved about $5.85 million worth of HYPE and LIT into a single wallet on July 8, in a transfer flagged by Onchain Lens. The consolidation involved 78,100 HYPE valued at about $5.25 million and 263,700 LIT worth about $601,000. Onchain Lens said the assets may have been accumulated through Galaxy Digital, suggesting the wallet activity could reflect a larger investor reorganizing holdings rather than an open-market disposal.