Wallet Acquires 158,800 HYPE Tokens via Coinbase Prime in One Month

A wallet recently acquired 54,020 Hyperliquid (HYPE) tokens from Coinbase Prime, valued at approximately $5.13 million. This transaction marks the latest in a series of purchases over the past month, totaling 158,800 HYPE tokens worth about $13.08 million.

The latest purchase was part of a broader trend involving large HYPE movements through Coinbase Prime. Another wallet, newly created, previously bought and withdrew 198,290 HYPE tokens from the platform and still held them at the time of publication.

The transactions highlight significant activity surrounding HYPE on Coinbase Prime, with substantial sums being moved in a short period. The cumulative value of the monthlong purchases underscores the growing interest in the token.