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FalconX transfers 533,250 HYPE worth about $50 million between wallets

  • FalconX transferred 533,250 HYPE between wallets within several minutes.
  • 533,250 HYPE was valued at approximately $50 million.
  • Onchain Lens reported the movement through its monitoring account.

FalconX moved 533,250 HYPE tokens, valued at about $50 million, between its wallets within a few minutes, according to blockchain-monitoring account Onchain Lens. The reported movement was an internal wallet transfer, and no sale was identified in the monitoring update.

HYPE
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