Whale buys $180M in HYPE via Galaxy Digital OTC

An anonymous whale address starting with 0x57c6 has purchased 590,900 HYPE, valued at $25.92 million, through the over-the-counter (OTC) desk of crypto financial services firm Galaxy Digital (GLXY), according to Onchain Lens. The address now holds a total of 4,114,234 HYPE, worth approximately $180.53 million, distributed across six wallets. All of these tokens were acquired via Galaxy Digital's OTC service.