A whale transferred 387,000 HYPE to Coinbase, worth approximately $31.93 million

According to Onchain Lens monitoring, a whale unstaked 387,000 HYPE from Kinetiq and transferred the tokens to Coinbase, possibly for sale. Of these, 100,000 were transferred two days ago, worth approximately $7.57 million; 100,000 were transferred today, worth approximately $7.86 million; and 187,000 were transferred previously, worth approximately $16.5 million.