Anonymous whale withdraws $67.5M in HYPE from Coinbase over 17 hours

An anonymous whale address beginning with 0xad9b withdrew 824,350 HYPE worth $67.52 million from Coinbase over the past 17 hours, according to Onchain Lens on X. Onchain Lens estimates the whale has now withdrawn a total of 865,840 HYPE worth $70.64 million. Exchange outflows are typically interpreted as a sign of holding intent.