FalconX moved over $100 million from the exchange and the OTC buyer continued to sell

On 21 August, on the basis of Onchain Lens monitoring, FalconX transferred approximately 1.42 million HYPE (approximately $104 million) over the past day to multiple exchanges, such as Gate, Bybit, OkX, Coinbase and KuCoin, with the purchaser of the OTC continuously reducing HYPE. Of these, Gate received about 481,000 (US$ 34.14), Bybit received about 325,000 (US$ 24.15), OKX received about 326,000 (US$ 24.17), Coinbase received about 250,000 (US$ 8.58) and KuCoin received about 25,000 (US$ 1.8 million)。