A certain wallet withdrew nearly $29 million in HYPE and pledged it within three days

On chain data shows that a certain wallet extracted approximately 958700 HYPEs from OKX and Bybit in the past three days, with a total value of nearly 29 million US dollars, and then split them into multiple wallets for staking operations. Industry speculation suggests that this operation may be carried out by Flowdesk on behalf of Hyperliquid Strategies (DAT).