HIPPO Token Transfers Concentrate In One Wallet As Whale Accumulation Escalates
The post HIPPO Token Transfers Concentrate In One Wallet As Whale Accumulation Escalates appeared on BitcoinEthereumNews.com. Whale amasses 627.73M HIPPO tokens, becoming top holder outside centralized exchanges Over $600M in HIPPO tokens moved to one wallet from Bitget, Gate.io, and MEXC Token transfers spark speculation over internal strategy, liquidity setup, or custody changes Over the past two days, a series of large HIPPO token movements has captured the crypto market’s attention, with more than $600 million worth of tokens consolidated into a single wallet. These transactions, confirmed through blockchain data, originate from multiple centralized exchanges and have sparked speculation about internal reallocation strategies, custodial shifts, or undisclosed plans by affiliated parties. The wallet at the center of the activity, identified as 0xd2d3…c3ce606caa, has received an extensive volume of HIPPO tokens in recent hours. Notable inflows include a 104.875 billion token transfer from Bitget, valued at approximately $214 million, followed by a 100.083 billion token transfer from Gate.io worth $222.4 million. Both exchanges have contributed additional large-scale transactions. Gate.io contributed another batch of 108.545 billion tokens, amounting to $223.8 million. Bitget also moved an additional 29.996 billion HIPPO tokens, with a recorded value of $60.1 million. MEXC’s involvement was marked by a 64.865 billion token transfer, estimated at $132.9 million. Several smaller transfers occurred during this timeframe, including a 27.403 billion token move from MEXC and a few micro-transactions of 60 tokens each. These latter movements are likely operational or system-generated and are not investment-related. Lookonchain Tracks Whale Buying Activity On-chain data provider Lookonchain reported that a single whale has accumulated 627.73 million HIPPO tokens over the past five days, valued at $1.28 million. This accumulation makes the address the largest HIPPO holder not directly linked to an exchange. The purchases appear to be spread across several platforms, aligning with the overall influx into the same destination wallet involved in the major exchange transfers. Source: X The…
The post HIPPO Token Transfers Concentrate In One Wallet As Whale Accumulation Escalates appeared on BitcoinEthereumNews.com.
Whale amasses 627.73M HIPPO tokens, becoming top holder outside centralized exchanges Over $600M in HIPPO tokens moved to one wallet from Bitget, Gate.io, and MEXC Token transfers spark speculation over internal strategy, liquidity setup, or custody changes Over the past two days, a series of large HIPPO token movements has captured the crypto market’s attention, with more than $600 million worth of tokens consolidated into a single wallet. These transactions, confirmed through blockchain data, originate from multiple centralized exchanges and have sparked speculation about internal reallocation strategies, custodial shifts, or undisclosed plans by affiliated parties. The wallet at the center of the activity, identified as 0xd2d3…c3ce606caa, has received an extensive volume of HIPPO tokens in recent hours. Notable inflows include a 104.875 billion token transfer from Bitget, valued at approximately $214 million, followed by a 100.083 billion token transfer from Gate.io worth $222.4 million. Both exchanges have contributed additional large-scale transactions. Gate.io contributed another batch of 108.545 billion tokens, amounting to $223.8 million. Bitget also moved an additional 29.996 billion HIPPO tokens, with a recorded value of $60.1 million. MEXC’s involvement was marked by a 64.865 billion token transfer, estimated at $132.9 million. Several smaller transfers occurred during this timeframe, including a 27.403 billion token move from MEXC and a few micro-transactions of 60 tokens each. These latter movements are likely operational or system-generated and are not investment-related. Lookonchain Tracks Whale Buying Activity On-chain data provider Lookonchain reported that a single whale has accumulated 627.73 million HIPPO tokens over the past five days, valued at $1.28 million. This accumulation makes the address the largest HIPPO holder not directly linked to an exchange. The purchases appear to be spread across several platforms, aligning with the overall influx into the same destination wallet involved in the major exchange transfers. Source: X The…
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