According to Lookonchain monitoring, the wallet associated with Galaxy Digital, 0xBED9, purchased 158,100 HYPE tokens over the past two hours, valued at approximately $8.8 million. Additionally, a newly created wallet, 0x4CBB, withdrew 536,200 HYPE tokens from Coinbase over the past two days, valued at approximately $29.9 million.
Multiple whales and institutions accumulate over $37M in HYPE
AiCoinShare
Summary
Digital asset news shows multiple whales and institutions accumulating over $37 million in HYPE. A wallet linked to Galaxy Digital, 0xBED9, purchased 158,100 HYPE tokens worth $8.8 million in the last two hours. A new wallet, 0x4CBB, withdrew 536,200 HYPE tokens valued at $29.9 million from Coinbase over the past two days. Inflation data remains a key factor for market participants monitoring token movements.
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