🐋 NEW WALLET WITHDRAWS $39.2M IN HYPE TOKENS FROM MULTIPLE CEX 📈⚡
A newly created address accumulated and withdrew more than 428,000 HYPE in less than 8 hours, setting off alarms among on-chain analysts about a possible institutional accumulation 📊
Key points of the chain movement:
💰 Amount accumulated: Wallet 0xbe51 withdrew a total of 428,640 HYPE (approx. $39.23 million USD).
⏱️ Speed of execution: The operation was completed in just 8 hours through several centralized exchanges.
📉 Impact on supply: The massive withdrawal reduces the CEX floating liquidity, lowering the immediate sell pressure on the asset.
Do you think this accumulation anticipates a new bullish push for the HYPE token, or is it a strategic custody move?
💬👇 I’d love to hear your thoughts in the comments!
#BinanceSquare #Hyperliquid #WhaleAlert #CEX #CryptoCommunity
$BTC
$HYPE
$BNB
A newly created address accumulated and withdrew more than 428,000 HYPE in less than 8 hours, setting off alarms among on-chain analysts about a possible institutional accumulation 📊
Key points of the chain movement:
💰 Amount accumulated: Wallet 0xbe51 withdrew a total of 428,640 HYPE (approx. $39.23 million USD).
⏱️ Speed of execution: The operation was completed in just 8 hours through several centralized exchanges.
📉 Impact on supply: The massive withdrawal reduces the CEX floating liquidity, lowering the immediate sell pressure on the asset.
Do you think this accumulation anticipates a new bullish push for the HYPE token, or is it a strategic custody move?
💬👇 I’d love to hear your thoughts in the comments!
#BinanceSquare #Hyperliquid #WhaleAlert #CEX #CryptoCommunity
$BTC
$HYPE
$BNB
