Anonymous whale accumulates $52.3M in HYPE over 3 weeks

An anonymous whale address starting with 0xb5E4 has withdrawn 1.22 million HYPE, worth $52.28 million, over the past three weeks from platforms including Wintermute, Galaxy Digital, OKX, Bybit, Gate.io, and Kraken, Lookonchain reported. The on-chain analytics firm added that whales and institutions are accumulating HYPE.