Data: Hyperliquid ETF and institutions have withdrawn and staked over 1.136 million HYPE from the trading platform in the past 10 hours, driving HYPE to a new high of $75.8

(*10*)In accordance to on-chain analyst Yu Jin’s monitoring, institutions proceed to purchase and stake HYPE, driving HYPE to set a new all-time high this morning, reaching a most of $75.8.

(*10*)In accordance to on-chain information monitoring, in the past 10 hours, at the least 1.136 million HYPE (roughly $82.42 million) have been withdrawn from trading platforms and deposited for staking by ETFs and institutions comparable to Bitwise Hyperliquid ETF, a16z, and Galaxy Digital. Amongst them, Bitwise Hyperliquid ETF (BHYP) withdrew 336,000 HYPE (roughly $24.43 million) from Coinbase and deposited it for staking;

(*10*)a16z withdrew 300,000 HYPE (roughly $21.58 million) from trading platforms comparable to Kraken and OKX and deposited it for staking; a sure tackle 0x279…BA8 withdrew 191,000 HYPE (roughly $13.80 million) from Coinbase Prime; a sure tackle 0x9C4…6FC withdrew 160,000 HYPE (roughly $11.71 million) from Coinbase and deposited it for staking; Galaxy Digital deposited 147,000 HYPE (roughly $10.90 million) for staking.