According to CoinMeta, as reported by OnchainLens, FalconX transferred approximately 1.42 million HYPE (worth about $104 million) to major exchanges within the past day. OTC buyers continued to sell HYPE. The specific transfer details are as follows: Gate.io approximately 480,800 HYPE (about $34.14 million), Bybit 325,000 HYPE (about $24.15 million), OKX 325,600 HYPE (about $24.17 million), Coinbase 250,200 HYPE (about $18.58 million), and KuCoin 25,000 HYPE (about $1.8 million).