Over 100 million HYPE transferred to exchanges, FalconX moved approximately 1.42 million tokens in the past day, and OTC buyers continue to reduce holdings

Odaily News – Over the past day, FalconX has transferred approximately 1.42 million HYPE tokens, worth about $104 million, to multiple exchanges including Gate, Bybit, OKX, Coinbase, and KuCoin, as OTC buyers continue to reduce their HYPE holdings. Among them, Gate received approximately 481,000 tokens, worth $34.14 million; Bybit received 325,000 tokens, worth $24.15 million; OKX received approximately 326,000 tokens, worth $24.17 million; Coinbase received approximately 250,000 tokens, worth $18.58 million; and KuCoin received 25,000 tokens, worth $1.8 million.