ChainCatcher reported that, according to monitoring by on-chain analyst Yu Jin, address 0xeef...00C continued withdrawing HYPE from centralized exchanges nine hours ago. The latest transaction involved 136,500 HYPE, valued at about $10 million under the monitoring data, taken from OKX and other exchanges and then deposited into staking.
Continuous HYPE withdrawals since June 1
The same address has been repeatedly withdrawing HYPE from multiple centralized exchanges since June 1 and placing the tokens into staking. The latest 136,500 HYPE withdrawal from OKX and other platforms forms part of that ongoing sequence of on-chain activity recorded by Yu Jin.
So far, address 0xeef...00C has cumulatively withdrawn and staked 1.314 million HYPE, with a total monitored value of about $91.67 million. The average withdrawal price for the address is reported at $69.7. These figures are based on the on-chain monitoring cited in the ChainCatcher newsflash.