Address Purchases 590,900 HYPE from Galaxy Digital OTC; Related Cluster Holds 4.11M HYPE

HYPE0,31%

Gate News message, April 17 — According to Onchain Lens, a wallet purchased 590,900 HYPE from Galaxy Digital’s OTC wallet for approximately $25.92 million.

A cluster of six associated addresses, potentially controlled by the same entity, holds a combined 4,114,234 HYPE worth approximately $180.53 million. All HYPE tokens held by these wallets originated from Galaxy Digital’s OTC wallet.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January

Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.

GateNews3h ago

Solana Adoption Surges to 167M While Usage and Price Diverge

Key Insights Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends. Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c

CryptoNewsLand3h ago

Bitcoin Ownership Surpasses Gold Among Americans for the First Time

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

GateNews3h ago

XRP ETF Inflows Surpass $1.5 Billion Milestone as Institutions Accelerate Adoption

XRP ETFs surpassed $1.5 billion in inflows, fueled by growing institutional adoption post-Ripple's SEC settlement in 2025. Major firms launched products, and investor interest remains strong, with projections suggesting continued growth for XRP in the coming year.

GateNews4h ago

Tim Draper-Linked Wallet Deposits 150.84 BTC to Major CEX, Facing ~$2.57M Loss

Tim Draper's wallet transferred 150.84 BTC, valued at $11.62 million, to a centralized exchange after a year of holding, leading to an estimated loss of $2.57 million.

GateNews6h ago

Bitcoin Spot ETFs Record $664M Net Inflows, Highest Single Day in Three Months

Bitcoin spot ETFs saw significant net inflows of $664 million on April 17, the largest in three months. BlackRock led the funds with $284 million, followed by Fidelity and ARK. Other products saw minimal contributions.

GateNews7h ago
Comment
0/400
No comments