hextrust

Update: $DEXE :

According to on-chain information, around 4 PM this afternoon, the large token holder #HexTrust of #DEXE transferred 118 million tokens of $DEXE to two new wallets. The total is approximately 4.22 million USD. Immediately after that, this batch of tokens was transferred into #Lbank .

At present, #HexTrust still holds 460,000 tokens, with a total value of about 15.59 million USD.

Meanwhile, according to the on-chain data tracking just now, around 2 PM this afternoon, 12 new wallets were created, all associated with #HexTrust . Within two hours, these wallets received small test sell orders in batches. Among them, 4.22 million tokens have already been transferred to #Lbank ; as for the remaining ones, whether they will continue to be sold is currently unknown.

#DEXE is a fully circulating project, with both FDV and MC at $3.273 billion, and total open interest across the network of $111 million.

Everyone, please operate cautiously in the near term.

Important Reminder:

Just detected:
Last night, 12 newly created wallet clusters were detected. In batches, they extracted a total of 4170000000 $DEXE tokens from multisig wallets, totaling approximately $170 million. So far, the funds have not moved in the account.

At present, several cluster wallets under #HexTrust also have not received any further actions. Keep monitoring them continuously over the next few days.

This large-amount operation from last night is similar to the previously reported hacking method involving $H . After #HexTrust continuously made large purchases, a large amount of $H tokens were transferred out to new wallets, and then the situation “blew up.” Whether #DEXE will replicate the same pattern is not entirely clear.

Recently many teachers have been asking: “$DEXE has been continuously rising for more than half a year. The maximum increase has been over 20x. Can we short it or not? I’ll update everyone.

On-chain data:
The #HexTrust address, which accumulated 690,000 tokens of $DEXE last month, transferred 440,000 tokens into four multisig wallets four days ago. This might mean distribution (speculation—not necessarily correct). The current fee level is slightly positive—within the normal range. The fee interval is still once every 4 hours, which also falls within the normal scope.

Global contract positions:
FDV is currently $3.438 billion, MC is $3.438 billion, and the total OI across the network is $175 million. Over the past couple of days, positions have increased slightly, but the change isn’t significant.

Summary:
If the distribution from #HexTrust actually happens, there could be heavy sell pressure. But it may still get spread out. At present, its related accounts #Mexc and #GATE still hold 324,800 tokens. The total current holdings across all accounts are 21.09 million USDT (spot) worth of tokens.

Reminder:
I’ll make a bold guess here: at the peak, $H once saw a highest increase of 18x. During the last peak period, #HexTrust also accumulated a large amount of coins. Then around June 7, its account showed unusually large abnormal movements. After that, #H was disclosed as having been hacked—but... (you know what I mean; I’ll stop here). So, could this time #DEXE also bring a “black swan event”? I don’t know. I said nothing; everyone please look at it rationally.

🐋 MASSIVE ACCUMULATION: HEX TRUST WITHDRAWS MILLIONS IN H TOKENS AND ACCELERATES THE RALLY
An institutional wallet tagged as Hex Trust has set off alarms for on-chain trackers by withdrawing a fortune in H tokens from multiple centralized exchanges. This massive supply outflow to private custody is drying up the available supply and pushing the price up.
Key data on the on-chain impact:
📦 Flash Withdrawal: The entity withdrew 19.84 million H tokens in just 20 hours, according to detailed monitoring by analyst Ai Yi.
📈 Market Power: With this move, the firm has accumulated a total of 182 million H in the last two days, claiming 6.42% of the entire circulating supply of the token (around $121 million).
⚡ Price Explosion: The drastic reduction of tokens on trading platforms caused an immediate supply shock, driving the price of H up by more than 25% to the $0.70 range.
🔥 When one of the largest institutional custody firms hoards over 6% of an asset in 48 hours, whales anticipate an imminent macro move.

#HexTrust #WhaleAlert #HToken #OnChain #Binance

📊 HOW FAR WILL THE H RALLY GO?
The massive liquidity withdrawal from exchanges clears the way of immediate resistances. Smart money is now watching the old ceilings to consolidate them as new institutional support levels.
👇 Tap the charts below to monitor the price of H and Bitcoin in real-time 👇
$BTC $H