According to ChainCatcher, Onchain Lens monitoring shows that a newly created wallet withdrew 573,000 HYPE from Coinbase. The transfer was valued at $39.88 million based on the monitoring information cited in the report.
The key details of the on-chain record are the wallet’s newly created status, Coinbase as the withdrawal source, the HYPE token amount, and the dollar-denominated value. The report did not identify the wallet owner and did not provide any further movement of the withdrawn HYPE after the transaction.
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