Arthur Hayes-Linked Wallet Withdraws Another $5.37 Million of HYPE From Bybit
Suehyeon Lee
Summary
- A wallet linked to Arthur Hayes withdrew an additional 85,714 HYPE from Bybit.
- The withdrawal was worth about $5.37 million, indicating further accumulation of Hyperliquid.
- Hyperliquid has recently seen continued buying by institutions and whale investors.
Forecast Trend Report by Period
A wallet linked to BitMEX co-founder Arthur Hayes appears to have accumulated more Hyperliquid's HYPE token.
On May 24, blockchain analytics account Onchain Lens reported that the Hayes-linked wallet withdrew about 85,714 HYPE from Bybit. The tokens were worth about $5.37 million.
Hyperliquid has recently seen continued buying by institutions and whale investors. Earlier, large-scale accumulation was also spotted in a wallet linked to Grayscale and another believed to belong to Galaxy Digital.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
