Crypto whale withdraws 97,670 HYPE worth $8.25 million

  • A crypto whale withdrew 97,670 HYPE from four exchanges within one hour.
  • 97,670 HYPE were valued at approximately $8.25 million during the withdrawals.
  • Onchain Lens linked the activity to a previous pattern of moving tokens to new wallets.

A crypto whale (large cryptocurrency holder) withdrew 97,670 HYPE, valued at about $8.25 million, from four exchanges within an hour, according to Onchain Lens monitoring cited by PANews on Sept. 5. The withdrawals comprised 46,000 HYPE from OKX, worth about $3.88 million; 29,000 from Bybit, worth about $2.45 million; 13,000 from Kraken, worth about $1.1 million; and 9,670 from Gate, worth about $816,000. The tokens are expected to be transferred to a new wallet for holding, following the whale's previous pattern.

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