New Wallet Withdraws 573,000 HYPE From Coinbase, Worth $39.88 Million

News Editor

2026-06-16 04:29:04

Onchain Lens monitored a newly created wallet withdrawing 573,000 HYPE from Coinbase, with the transfer valued at $39.88 million.

HYPECoinbaseOnchain LensWhale MovementOn-chain Monitoring

Odaily reported that, according to monitoring by Onchain Lens, a newly created wallet withdrew 573,000 HYPE from Coinbase. The transfer was valued at $39.88 million based on the data cited in the report.

The available information identifies the destination as a newly created wallet and the source as Coinbase, with HYPE as the asset transferred. The report does not provide additional details about the wallet holder or the subsequent use of the funds.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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