According to on-chain tracker Onchain Lens, four addresses have withdrawn a combined 675,000 HYPE from Coinbase over the past several months. The tokens were moved to Hyperliquid and staked, and the four addresses now hold staked HYPE worth more than $50 million.
Four wallets have withdrawn a combined 675,000 HYPE from Coinbase over the past several months, according to on-chain monitoring platform Onchain Lens. The funds were then transferred to Hyperliquid and staked.
At current levels, the staked HYPE held by the four addresses is worth more than $50 million, the monitor said.
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