Two wallets suspected of one whale withdraw $6.69 million in HYPE
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AI Summary
Two suspected linked wallets withdrew 83,630 HYPE from Coinbase Prime, while four anonymous wallets withdrew 675,000 HYPE from Coinbase over several months.
The 83,630 HYPE withdrawal was valued at approximately $6.69 million, and the four-wallet withdrawal was valued at approximately $53.92 million.
Most of the 675,000 HYPE was moved to Hyperliquid for staking, while Bitwise reported $185.96 million in HYPE holdings and a 70% staking ratio.