HYPE Holds Above $60 as Arkham Flags $53M Exchange Outflows in 8 Hours

HYPE stayed above $60 even as the broader crypto market sold off. Within an eight-hour span, several new wallets withdrew 557,406 HYPE (~$40.2 million) from Kraken and 180,000 HYPE (~$13.3 million) from Coinbase, with the Kraken tokens immediately staked. Arkham data also shows address 0x6436 has accumulated 761,357 HYPE (~$55.4 million) from exchanges over three days.