A whale transferred 387,000 HYPE tokens to Coinbase, valued at approximately $31.93 million.

October 29, according to OnchainLens monitoring, a whale unstaked 387,000 HYPE from Kinetiq and transferred the tokens to Coinbase, possibly for sale. Among them, 100,000 tokens were transferred two days ago, worth approximately $7.57 million; 100,000 tokens were transferred today, worth approximately $7.86 million; and 187,000 tokens were transferred previously, worth approximately $16.5 million.