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Crypto

FalconX Moves $104M HYPE to Exchanges, OTC Buyers Reduce

FalconX transferred approximately 1.42 million HYPE tokens worth about $104 million to major exchanges including Gate, Bybit, OKX, Coinbase, and KuCoin in the past day, indicating OTC buyers are reducing their holdings. Gate received the largest share at $34.14 million, followed by Bybit and OKX.

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