A whale transferred 1.032 million HYPE to Coinbase Prime and FalconX, earning $37.45 million

A whale will transfer 1.032 million HYPEs held for one and a half years to Coinbase Prime and FalconX, earning $37.45 million. The whale proposed 1.018 million HYPE from Gate in early 2025, with an average price of approximately $19.79 and a value of $20.15 million at the time, which were subsequently deposited as collateral. HYPE was fully redeemed and transferred to Coinbase Prime and FalconX early this morning, with a current value of $57.6 million. (Ashes)