FalconX Transfers Over $100M HYPE to CEXs in Past 24 Hours as OTC Buyers Continue Selling

On August 21, according to Onchain Lens monitoring, over the past 24 hours, FalconX transferred approximately 1.42 million HYPE to multiple major trading platforms, valued at around $104 million. Over-the-counter (OTC) buyers continue to sell HYPE.

Specific transfer details:

- Gate: approximately 480,850 HYPE (about $34.14 million)

- Bybit: 325,000 HYPE (about $24.15 million)

- OKX: approximately 325,560 HYPE (about $24.17 million)

- Coinbase: approximately 250,240 HYPE (about $18.58 million)

- KuCoin: 25,000 HYPE (about $1.8 million)

[BlockBeats]