According to Lookonchain monitoring, institutions and whales continue to increase their holdings of HYPE.
Among them, Galaxy Digital withdrew 179,000 HYPE from Coinbase in the past 7 hours, worth approximately $12.62 million. Meanwhile, a new address starting with 0x6436 withdrew another 135,800 HYPE, worth approximately $9.73 million, 8 hours ago, bringing its total withdrawals over the past two days to 399,700 HYPE, worth about $28.92 million.
The two addresses mentioned above have cumulatively bought or withdrawn 539,500 HYPE, with a total value of approximately $41.54 million.
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Galaxy Digital and a Whale Have Accumulated Nearly 540,000 HYPE, Worth Approximately $41.54 Million
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