Whale moves 694,300 HYPE worth $53.26M to Coinbase in four days
- —Transfer size: 694,300 HYPE tokens
- —Value: roughly $53.26 million
- —Deposits to Coinbase were spread over four days
Why it matters: A large HYPE inflow to an exchange often signals intent to sell and could weigh on the token's price.
Source: PANews