A whale/institution bought 396,800 HYPE through multiple CEXs over the past 3 days, then staked all of it

Odaily reports: According to on-chain analyst Ember's monitoring, after HYPE pulled back about 26% this month from $96 to $71, a whale or institution accumulated 396,811 HYPE, worth approximately $29.29 million, through multiple centralized exchanges (CEXs) over the past 3 days, and transferred all of the tokens to staking 6 hours ago.