Digital Currency
Add as a preferred source on GoogleA previous EconoTimes report tracked 387,000 HYPE transferred to Coinbase in three batches after unstaking from Kinetiq, with a combined estimated value of $31.93 million.
The on-chain transaction involved crypto influencer Flood and removed 153,000 HYPE from staking, with the tokens estimated at $11.8 million.
EconoTimes previously covered a three-batch transfer of 387,000 HYPE to Coinbase, after the tokens were unstaked from Kinetiq. The transfers had a combined estimated value of $31.93 million.
A previous withdrawal of a similar size was followed by a move to a new wallet and a later return to staking.
Shorts represented 54.12% of $7.34 billion in tracked positions, with aggregate gains while longs recorded losses.
The Coinbase snapshot put $27.44 million in bids against $9.14 million in asks. A listed $75,000 order covered 85.97 BTC.
