Two addresses have cumulatively received approximately 396,800 HYPE from multiple exchanges.

on November 12, according to monitoring by Embers, two addresses cumulatively received approximately 396,811 HYPE from multiple centralized exchanges over the past three days, valued at approximately $29.29 million.

The accompanying image shows that the related funds originated from exchanges such as Binance, OKX, Bybit, and Gate, and the two addresses subsequently transferred out approximately 264,541 and 132,270 HYPE, respectively.