On-chain analyst Onchain Lens said a newly created wallet received 110,000 HYPE from another wallet, with the transfer valued at about $9.73 million based on the figures provided in the report. After the tokens arrived, the recipient wallet staked the entire amount.
The update was cited by ChainCatcher and attributed to monitoring data from Onchain Lens (@OnchainLens). No additional details were provided in the brief, including the identities behind either wallet or the purpose of the transfer. The disclosed on-chain activity only shows that the wallet was newly created, that it received 110,000 HYPE from another address, and that the full balance was then staked shortly afterward.
According to ChainCatcher, on-chain analyst Onchain Lens (@OnchainLens) tracked a newly created wallet that received 110,000 HYPE from another wallet, valued at about $9.73 million based on the figures in the report.
After receiving the tokens, the wallet staked the entire HYPE balance.
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