TechFlow reports that on May 20, on-chain analyst Onchain Lens (@OnchainLens) observed that an Anchorage (@Anchorage)-associated wallet withdrew an additional 44,510 HYPE tokens from Gate, valued at approximately $2.16 million. Over the past month, this associated wallet has accumulated a total of 2.385 million HYPE tokens—worth roughly $119.26 million—and has staked the acquired tokens.
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