On July 22, on-chain monitoring data cited by BlockBeats showed that a newly created wallet address, 0x448a, withdrew 74,900 HYPE from Galaxy Digital, worth about $4.39 million, and then transferred the tokens to Coinbase. The brief did not provide additional context on the purpose of the transaction or the identity behind the address. The report was published as a 7x24 market update and focused on the token movement itself.
BlockBeats reported on July 22 that, according to on-chain monitoring, a newly created wallet address, 0x448a, withdrew 74,900 HYPE from Galaxy Digital, valued at about $4.39 million, and then moved the tokens to Coinbase.
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