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Anchorage-Linked Wallet Accumulates More Than $100 Million of HYPE in a Month, Stakes Entire Holdings

Source
Suehyeon Lee

Summary

  • A wallet linked to crypto custody and banking firm Anchorage Digital has been actively accumulating Hyperliquid (HYPE).
  • Onchain Lens said the Anchorage-linked wallet recently withdrew an additional 121,099 HYPE (about $5.87 million) from Bybit.
  • The wallet bought a total of 2.34 million HYPE (about $112.36 million) over the past month and staked the entire amount.

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Photo: Onchain Lens
Photo: Onchain Lens

A wallet linked to crypto custody and banking firm Anchorage Digital has been aggressively accumulating Hyperliquid's HYPE token.

Onchain Lens said on May 19 that the Anchorage-linked wallet recently withdrew about 121,099 HYPE, worth about $5.87 million, from Bybit.

Over the past month, the wallet bought a total of 2.34 million HYPE, worth about $112.36 million. The entire amount has been staked.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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