Over $100 million HYPE was transferred to the exchange, approximately 1.42 million were moved by FalconX in the last 1 day and the OTC buyer continued to decline

FalconX has transferred approximately 1.42 million HYPEs over the past day to a number of exchanges, including Gate, Bybit, OkX, Coinbase and KuCoin, valued at about $104 million. Specifically, Gate received approximately 481,000, bybit, $3.414 million, and OKX, $24.15 million, received about 326,000, Corinbase, $24.17 million, and KuCoin, $18.58 million, received some 25,000, valued at $1.8 million. At the same time, OTC buyers continued to reduce their HYPE。