HYPE Wallet Sees $70,000 Drop in Value After Coinbase Prime Withdrawal

A wallet has bought and withdrawn 198,290 HYPE tokens from Coinbase Prime, with the tokens valued at approximately $17.29 million at the time of purchase and withdrawal.

Although the value of the tokens has decreased by about $70,000, the wallet still holds them, now worth around $17.22 million.

The transaction occurred on October 2, 2026, and the wallet remains in possession of the tokens.

No further information is available on the wallet or its owner, as this is a newly created wallet with no prior transactions or activity.