Data: Whales are buying HYPE in large quantities, and the exchange supply has dropped by more than 20% in a single day
According to on-chain analysis platform Nansen, in the past 24 hours, whale and celebrity wallets have continued to accumulate HYPE, while exchange supply has decreased by 22.86% during the same period. Specifically, the high-balance address [Adeub6BN] made five consecutive purchases in one afternoon, with each transaction amounting to between $51,000 and $99,000; the address lajay.sol made another purchase of about $66,000 eight hours ago; Token Millionaire [GJvewfRj] directly withdrew HYPE from the Meteora liquidity pool.
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