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Whale unstakes 387,000 HYPE from Kinetiq and transfers to Coinbase, worth approximately USD 31.93 million

2026-10-29 12:52

TechFlow news: On October 29, according to on-chain analyst Onchain Lens (@OnchainLens), a whale unstaked 387,000 HYPE from Kinetiq and transferred it to Coinbase in three batches, possibly for sale. Of these, 187,000 (approximately USD 16.5 million) had been transferred previously, 100,000 (approximately USD 7.57 million) were transferred two days ago, and another 100,000 (approximately USD 7.86 million) were transferred today.

Source: TechFlow