Whale-linked wallets withdraw $19.4M in HYPE from Hyperliquid

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A whale-linked wallet moved 211,430 HYPE tokens, valued at approximately $19.4 million, from Hyperliquid in a short period. The three withdrawals amounted to 81,340, 78,090, and 52,000 HYPE, respectively. The addresses are now actively transferring HYPE between Hyperliquid and connected wallets. This activity has been noted in crypto news as traders monitor token movements, underscoring ongoing activity in the cryptocurrency news cycle.

Odaily Planet Daily reports, according to Onchain Lens monitoring, three wallets suspected of belonging to the same whale withdrew 211,430 HYPE tokens from Hyperliquid within minutes, valued at approximately $19.4 million, consisting of 81,340, 78,090, and 52,000 HYPE respectively. Currently, these wallets are transferring HYPE between Hyperliquid and associated addresses.

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