Hupzy (Spot On Chain)|6月 02, 2026 01:55
📈 HYPE hits a new ATH of $75.8 as institutions pull $82.4M off exchanges and into staking in a 10-hour window. Bitwise ETF, a16z, and Galaxy Digital lead the accumulation — 1.136M HYPE withdrawn from Coinbase, Kraken, and OKX, then locked in staking contracts.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The scale and caliber of buyers signals coordinated institutional positioning. Staking removes supply from the order book, creating structural squeeze dynamics. Even as individual whales take profit, the net flow is heavily bullish — institutional demand is absorbing all sell-side pressure.
HYPE breaking ATH on verified on-chain flows:
Arkham BHYP: https://intel.arkm.com/explorer/address/0x6183AeCb22b09b4CB167F2B42C611243C7E74318
Arkham a16z: https://intel.arkm.com/explorer/address/0xeef3BE98fbAC9a11c73713255Fe871D1E694D00C
--source: https://x.com/EmberCN/status/2061624196594376740
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