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News · ▼ Bearish · 1 source confirmed · 2026-09-26 01:09 UTC

A newly created wallet, 0xbe51, has withdrawn 428,640 $HYPE ($39.23M) from Bybit, Kraken, Wintermute, Gate, and OKX over the past 8 hours. https://t.co/Yh94K6hTSV https://t.co/uQ4fUIHlFL

Why now

Thesis: HYPE whale accumulation adds uncertainty

Catalyst to watch: Wallet's next move

Main risk: Tokens dumped on market

Why it matters

Large HYPE accumulation from multiple exchanges by a new wallet adds supply uncertainty.

Details

A newly created wallet, 0xbe51, has withdrawn 428,640 $HYPE ($39.23M) from #Bybit, #Kraken, #Wintermute, #Gate, and #OKX over the past 8 hours. https://t.co/Yh94K6hTSV https://t.co/uQ4fUIHlFL

Related assets & topics

Crypto

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