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Arrington Capital transfers 40,000 HYPE worth $3.44 million to FalconX

  • Arrington Capital transferred 40,000 HYPE tokens to FalconX.
  • The transfer was valued at approximately $3.44 million.
  • Onchain Lens said the tokens were suspected to be intended for sale.

Arrington Capital transferred 40,000 HYPE tokens, valued at about $3.44 million, to FalconX minutes earlier, according to blockchain-monitoring account Onchain Lens. The transfer was flagged as possibly intended for sale, although no sale was confirmed.

HYPE
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