A wallet cluster received $144 million worth of HYPE from Galaxy Digital over the past 40 days

GateNews

Capital Flow On-Chain Data

Source: panews

2026-03-17 00:34:46

HYPE6,21%

ETH3,47%

Gate News reports that on March 17, according to MLM monitoring, a wallet cluster received 3,523,331 HYPE (worth $144 million) from Galaxy Digital over the past 40 days, making it one of the largest buyers during this period. Two hours ago, Galaxy Digital made a final transfer to the cluster, amounting to 395,000 HYPE ($16.2 million). Previously, analysts speculated that this cluster might be Multicoin exchanging ETH for HYPE, but this has not been confirmed.

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