Whale unstakes 387,000 HYPE from Kinetiq and moves it to Coinbase
- —387,000 HYPE unstaked in total, with part already sent to Coinbase
- —100,000 HYPE (~$7.57 million) moved two days ago
- —Another 100,000 HYPE (~$7.86 million) sent today
- —187,000 HYPE (~$16.5 million) transferred earlier
Why it matters: Moving a large HYPE batch to an exchange may signal an intent to sell and could weigh on the token's price.
Source: PANews