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Crypto DeFi

Whale Buys 396,811 HYPE via CEXs, Stakes Entire Position

A whale or institution bought 396,811 HYPE, worth $29.29 million, through multiple centralized exchanges over the past three days, on-chain analyst Yu Jin monitored on November 12. The purchases came after HYPE pulled back 26% this month from $96 to $71. The entire position was deposited into staking six hours before the report.

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