Onchain Lens reports a whale or institution has amassed over $14M in HYPE tokens through Galaxy Digital OTC trades, highlighting growing large-scale participation in this asset.
A whale or institutional investor purchased 215,056 HYPE tokens valued at $6.06 million via Galaxy Digital OTC, according to Onchain Lens. This transaction follows an 18-day accumulation totaling 540,337 HYPE, now worth approximately $14.86 million. The acquisition underscores significant large-scale interest in HYPE alongside prior ETH accumulation activity from Galaxy Digital transactions.