A wallet withdrew nearly $29 million worth of HYPE from CEXs over the past three days and transferred it to multiple wallets for staking

Odaily News According to MLM monitoring, a wallet withdrew approximately 958,700 HYPE, valued at nearly $29 million, from OKX and Bybit over the past three days. The funds were immediately split and transferred to multiple wallets for staking operations. Industry speculation suggests this may be a purchase and staking operation conducted by Flowdesk on behalf of Hyperliquid Strategies (DAT).