ChainCatcher reported, citing monitoring by Onchain Lens, that the address labeled “0xC5A” withdrew 73,485 HYPE from Gate over the past 24 hours. Based on the reported valuation at the time of monitoring, the assets were worth approximately $4.34 million.
The disclosure is a record of a large on-chain fund movement involving Gate and the HYPE asset. The available information only identifies the address, the withdrawal amount, the 24-hour time frame, and the estimated U.S. dollar value. No additional details were provided about the identity of the address or any subsequent transfer arrangement.
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