
On-chain data shows an Anchorage-linked wallet has once again increased its exposure to HYPE, withdrawing 121,099 tokens worth around $5.87 million from Bybit.
This latest move adds to a broader accumulation trend over the past month, during which the wallet has purchased 2.34 million HYPE valued at approximately $112.36 million, with the acquired tokens subsequently transferred into staking.
Source: Onchain Lens