Over the past period, four addresses have cumulatively withdrawn 675,000 HYPE tokens from Coinbase, with more than $50 million in tokens transferred into Hyperliquid for staking

Golden Finance reported on August 29 that, according to Onchain Lens monitoring, over the past few months, four wallet addresses collectively withdrew 675,000 HYPE tokens from Coinbase, worth approximately $53.92 million. The funds were then transferred to Hyperliquid and staked. As of now, the total value of the HYPE staked by these four wallets has exceeded $50 million.$HYPE