Arrington Capital moves $3.44M in HYPE to FalconX
- —Arrington Capital sent 40,000 HYPE to FalconX
- —The transfer is worth about $3.44 million
- —Onchain Lens flagged the move as likely for selling
Why it matters: A large transfer to a market maker could add near-term selling pressure on HYPE.
Source: PANews