Arthur Hayes-Linked Wallet Buys $3.16M in Hyperliquid (HYPE) on Bybit

A wallet address (0xf7A4) linked to BitMEX co-founder Arthur Hayes has withdrawn 47,007 Hyperliquid (HYPE), valued at roughly $3.16 million, from Bybit about 7 hours ago.

The move comes after a similar transaction last week in which the same wallet withdrew 33,978 HYPE (around $2.09 million) from Bybit shortly after Hayes said he had fully exited his HYPE holdings.

Following his later public denial of any repurchase activity, those previously withdrawn tokens were sent back to Bybit.

Source: Lookonchain