PANews reported on January 31 that, according to MLM monitoring, a wallet withdrew approximately 958,700 HYPE tokens from OKX and Bybit over the past three daysPANews reported on January 31 that, according to MLM monitoring, a wallet withdrew approximately 958,700 HYPE tokens from OKX and Bybit over the past three days
Over the past three days, a certain wallet has withdrawn approximately 958,700 HYPE tokens from a centralized exchange and transferred them to multiple wallets for staking.
News Brief
Based on MLM's tracking data, one wallet withdrew approximately 958,700 HYPE tokens—worth close to $29.00 million—from OKX and Bybit over a three-day period. Subsequently, these tokens were distributed among several wallets before being staked. Industry observers believe this likely represents a coordinated buy-and-stake operation executed by Flowdesk on behalf of Hyperliquid Strategies (DAT).
PANews reported on January 31 that, according to MLM monitoring, a wallet withdrew approximately 958,700 HYPE tokens from OKX and Bybit over the past three days, worth nearly $29 million. These tokens were then immediately split into multiple wallets and staked. Industry insiders speculate that this may have been a buy-and-stake operation conducted by Flowdesk on behalf of Hyperliquid Strategies (DAT).
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