A newly created address withdrew 50,000 HYPE from Bybit, increasing its holdings to 200,000 HYPE.

TechFlow news: On June 18, on-chain analyst Onchain Lens (@OnchainLens) reported that the newly created wallet “0x008” withdrew another 50,000 HYPE tokens from Bybit, valued at approximately $3.58 million.

As of now, this address holds a cumulative total of 200,000 HYPE tokens, with a current market value of approximately $14.33 million.