AN ENTITY PLEDGED 1.49 MILLION HYPES IN EIGHT WALLETS, APPROXIMATELY $8.82 MILLION

On 24 July, on the basis of Onchain Lens monitoring, a single entity pledged 1.49 million hypes, valued at approximately $88.2 million, through eight wallets. The number of single pledges for these wallets ranged from 1157 000 to 3904 000 hypes. The above-mentioned eight wallets were previously acquired through the Bybit build-up and were taken to the chain about nine months ago and held until the time of the pledge。