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FalconX moved over $100 million worth of HYPE to centralized exchanges (CEXs) over the past 24 hours, as OTC buyers continue to offload their holdings.

54 minutes ago

According to monitoring by Onchain Lens, FalconX transferred approximately 1.42 million HYPE tokens to multiple mainstream crypto trading platforms over the past 24 hours, valued at around $104 million. Over-the-counter (OTC) buyers have been continuously selling HYPE. The specific transfer breakdown is as follows: · Gate: ~480,850 HYPE (≈$34.14 million) · Bybit: 325,000 HYPE (≈$24.15 million) · OKX: ~325,560 HYPE (≈$24.17 million) · Coinbase: ~250,240 HYPE (≈$18.58 million) · KuCoin: ~25,000 HYPE (≈$1.8 million)

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