GalaxyDigital's associated wallet bought 158,100 HYPEs in the past 2 hours, approximately US$8.8 million

According to Lookonchain monitoring, multiple giant whales or institutions are buying HYPE. Wallet 0xBED9, associated with Galaxy Digital, bought 158,100 HYPEs ($8.8 million) in the past 2 hours. The newly built wallet 0x4CBB withdrew 536,247 HYPEs (US$29.87 million) from Coinbase in the past 2 days.