ChainCatcher reported, citing monitoring by Onchain Lens, that multiple institutional or whale wallets are buying HYPE. The disclosed on-chain activity centers on two inflows from FalconX, involving the Fansara Capital wallet “0x644” and a newly created wallet labeled “0x643”.
According to the monitoring data, the Fansara Capital wallet “0x644” received 146,853 HYPE from FalconX, with the transfer valued at 10 million US dollars. A separate inflow went to the newly created wallet “0x643”, which received 108,000 HYPE from FalconX, valued at 7.3 million US dollars.
Based on the figures published by Onchain Lens, the two transfers together involved 254,853 HYPE with a combined disclosed value of 17.3 million US dollars. The report identified the recipient wallets, the source platform, the token amounts and the stated valuations, but did not provide additional on-chain records about whether these addresses later moved, accumulated or disposed of the HYPE they received.