Bitwise BHYP ETF Wallet Transfers 84,320 HYPE Coins to Coinbase

Bitwise's BHYP ETF wallet has been observed transferring 84,320 HYPE tokens to Coinbase. The transfer amount is valued at approximately $6.71 million (about 9 billion won). PANews cited on-chain lens monitoring by Onchain Lens, reporting that the funds were deposited to Coinbase about six hours prior and may be used for selling.