Hyperliquid (HYPE) Hits All-Time High as Fresh Wallet Moves $11.6M From Bybit

A newly created wallet identified as “0x41Ad” has withdrawn 198,535 HYPE tokens from the Bybit exchange, valued at roughly $11.62 million.

The transfer comes soon after Hyperliquid saw strong price momentum, with its token briefly hitting a new all-time high above $59.5, providing timing context for the large-scale withdrawal.

Source: Onchain Lens