According to @EmberCN, whale investor qianbaidu.eth has purchased 406,000 HYPE tokens over the past 6 days, spending a total of $12.95 million at an average price of $31.9 per token (source: Twitter/@EmberCN, 2025-05-31). This substantial accumulation indicates a strong bullish sentiment from large holders and may increase short-term volatility and liquidity for HYPE. Traders should monitor order book activity, as such whale actions often precede significant price movements and attract increased attention from both retail and institutional participants. Further details can be verified on hypurrscan.io/address/0x1370.

According to Lookonchain, three newly created wallets withdrew a total of 145,000 SOL, valued at approximately $21.8 million, from Kraken within the past hour. This sizable outflow, tracked by Solscan, suggests increased accumulation activity by large holders or institutions, which historically precedes volatility or upward price momentum for Solana. Traders should monitor these wallets and potential on-chain movements, as such significant withdrawals from centralized exchanges can reduce available supply and impact short-term price action (source: Lookonchain Twitter, Solscan).