$HYPE 🐳 On-chain data is revealing a massive accumulation wave for *Hyperliquid ($HYPE)* from heavy institutional wallets.
🟠🔸️On-the-ground details🔸️🟠 #Write2Earn
One wallet starting with `0xb5E4` withdrew *1.22 million HYPE* in just 3 weeks. Value: *approximately $52.28 million*.#BinnanceSquare
🟠🔸️Sources include big players: 🔸️🟠 #Hyperliquid
- *Market Makers*: Wintermute and Galaxy Digital
- *Centralized Exchanges*: OKX, Bybit, http://Gate.io, Kraken
🟠🔸️Summary 🔸️🟠
When whales pull large amounts from exchanges to their private wallets, it often precedes a wave of strong volatility. This behavior reflects deep institutional confidence or preparation for something big.