According to Lookonchain monitoring, multiple whales and institutions have been steadily accumulating HYPE recently.
Among them, a wallet 0xBED9 associated with Galaxy Digital purchased 158,100 HYPE worth approximately $8.8 million in the past 2 hours.
Additionally, a newly created wallet 0x4CBB has withdrawn 536,247 HYPE, worth approximately $29.87 million, from Coinbase over the past two days.
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Multiple whales and institutions have been steadily increasing their HYPE holdings recently
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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