$79M in HYPE Leaves Exchanges as New Wallet Builds Massive Position in a Week

A newly identified wallet, “0x6436,” has added to its holdings of HYPE tokens by withdrawing 82,089 HYPE, worth about $5.16 million, from exchanges over the past two hours.

This latest move builds on a consistent pattern over the past week, during which the same wallet has removed a total of 1.14 million HYPE, valued at roughly $79.22 million, from exchanges and transferred the assets into staking on Hyperliquid.

Source: Lookonchain