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Three addresses withdrew a total of 557,406 HYPE from Kraken and staked it, equivalent to approximately $41.53 million

BlockBeats News, June 4th, according to Onchain Lens monitoring, a newly created wallet withdrew 180,000 HYPE from Coinbase 5 hours ago, worth approximately $13.4 million.

In addition, 3 wallet addresses (likely belonging to the same entity) withdrew 557,406 HYPE from Kraken, worth around $41.53 million, and have staked these tokens.

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On-Chain Activity

17min ago

Mt. Gox has transferred approximately 116.3 BTC from its hot wallet to Bitstamp, worth around $8.25 million.

23min ago

Flash Loan: apxUSD Depegs to $0.94, Bitcoin's Drop Causes Collateral Devaluation

26min ago

Abraxas Capital has sold 2,469 BTC in the past day, approximately $166 million.

1h ago

Three addresses withdrew a total of 557,406 HYPE from Kraken and staked it, equivalent to approximately $41.53 million

24H Important News

2026-06-04

Crypto Venture Capital Hits Five-Year Low in May

The People's Bank of China (PBOC) conducted a reverse repurchase agreement (repo) operation on the same day, withdrawing a net amount of 101.3 billion yuan from the market.

Mt. Gox has transferred approximately 116.3 BTC from its hot wallet to Bitstamp, worth around $8.25 million.

Flash Loan: apxUSD Depegs to $0.94, Bitcoin's Drop Causes Collateral Devaluation

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