Unknown Wallet Moves $39.88M in HYPE From Coinbase Amid Strong Rally

A newly created wallet labeled “0x15A9” withdrew 573,001 HYPE, worth approximately $39.88 million, from Coinbase about four hours ago, according to on-chain tracking data.

The transfer coincides with a strong upward trend in the token’s performance. Over the past 24 hours, HYPE has climbed 10.7%, pushing it close to its all-time high of $75.48, last reached on June 2.

Source: Onchain Lens