🚨 BREAKING: $HYPE JUST CRASHED TO $73—AND THIS MAY BE WHY Over the past 9–11 hours, several wallets that had recently redeemed $HYPE from staking transferred their holdings to FalconX. Combined flow: 512.01K $HYPE That is a meaningful amount of supply moving toward a major institutional trading venue right before the sharp drop. It does not confirm that all of the tokens were sold. But the timing is hard to ignore. Staked supply became liquid, moved to FalconX, and $HYPE immediately saw heavy downside pressure. For now, this is the flow I would watch most closely. Wallets: 0x416BeA03FaDFE12efeEd668630129028A95775E7 0xB75055233b067dd97baE6baBD28E6a095c3d97aE 0xE0f30E5b1E5278C090a6dBCF2F61801D32058Bb3
Evening Trader GroupShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.