Wallet linked to Maven11 Capital withdraws $11.17 million in HYPE from OKX

A wallet suspected to be tied to Maven11 Capital withdrew 202,705 HYPE worth $11.17 million from OKX about four hours before the transaction was flagged by Lookonchain. The monitored address, identified as 0x122493...6301F, moved the tokens off the centralized exchange, a type of transfer traders often track because it can indicate a shift into self-custody or preparation for longer-term holding, though the motive was not stated.

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