FalconX sends $14 million in HYPE to Gate as institutional selling fears grow

AI Summary On August 19, FalconX transferred 198,750 HYPE to Gate, which represents roughly $14 million, leading blockchain intelligence company Onchain Lens to hypothesize that this sends signals of a probable sell. The mere existence of one big exchange deposit may not say much. However, as it turns out that many institutional wallets seem to be lowering... fulltext: 350 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/falconx-moves-14m-in-hype-to-gate-raising-fresh-sell-pressure-concerns/ Source: CryptoPolitan