$HYPE On August 10, onchain data showed that Arthur Hayes (co-founder and former CEO of BitMEX) made a large crypto transaction. ..His wallet address withdrew 41,628 HYPE tokens from the Gate.io exchange... The total value of these tokens is about $1.8 million...
This withdrawal happened about 40 minutes ago from the time of reporting....
Such large withdrawals by well known investors often suggest they are moving their assets to private wallets for holding, or possibly preparing for a big trade or investment move...