BlockBeats News, June 3rd, according to on-chain analytics firm lookonchain, Whales and Institutions are still accumulating HYPE:

Over the past 7 hours, Galaxy Digital withdrew 179,000 HYPE tokens from Coinbase, worth approximately $12.62 million.

In addition, the new address 0x6436 withdrew another 135,824 HYPE tokens 8 hours ago, worth around $9.73 million, bringing its total HYPE withdrawals in the past two days to 399,730 tokens, with a total value of approximately $28.92 million.