Galaxy Digital redeemed 1 million HYPE tokens and transferred 500,000 tokens to OKX and Bybit.
According to on-chain analyst Yujin (@EmberCN), Galaxy Digital’s address redeemed 1 million HYPE tokens—worth approximately $61.16 million—from staking four hours ago, and subsequently transferred 500,000 HYPE tokens (valued at roughly $30.36 million) to OKX and Bybit. Data shows these HYPE tokens were staked eight months ago, at an average price of approximately $45.70 per token; based on this, the unrealized profit is at least around $15.4 million.
