A newly created wallet received 110,000 HYPE from another wallet and then staked the full amount shortly afterward, according to on-chain tracking data cited by BlockBeats on Oct. 9. The transfer was valued at about $9.73 million at the time of monitoring. Onchain Lens flagged the movement, identifying both the receipt of the tokens and the subsequent staking action. The transaction involved a single new wallet and another wallet as the source of the HYPE. No additional details about the wallet owner or the purpose of the transfer were disclosed in the source report. The update was published by BlockBeats as a whale movement brief.
A newly created wallet received 110,000 HYPE from another wallet, worth about $9.73 million, and then staked the entire amount shortly afterward, according to Onchain Lens monitoring cited by BlockBeats on Oct. 9.
The source report did not disclose additional details about the wallet owner.
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