Within 4 days, whales and institutions deposited 694,300 HYPE worth approximately $53.26 million to Coinbase.

On October 29, on-chain analyst Ember (@EmberCN) monitored a whale or institution accumulating and transferring 694,300 HYPE tokens to Coinbase over the past four days, valued at approximately $53.26 million, with related addresses viewable on Arkham. Transfers to the exchange may indicate preparation to sell, but do not necessarily mean they have been sold yet; subsequent movements warrant close monitoring.