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The transfer puts a sizable HYPE balance on an exchange, where it could be sold, but a deposit alone does not confirm a sale.
The exchange says users can verify asset backing through proof-of-reserves and Merkle Tree data, putting transparency at the center of its post-FTX safety case.
ETF inflows and regulated custody support the rally, but a break above $1.60–$1.63 is the key test for whether gains can continue.
Card purchases and every other Payy Network transaction are halted, while the company has disclosed neither customer losses nor a restart timetable.
Bitget says its $464M User Protection Fund covers the reported loss, but withdrawals remain frozen as investigators examine the attack and an unconfirmed North Korea link.
A 2-basis-point retreat in the 10-year Treasury yield eased pressure, while Friday's options expiry puts the $85,000 call strike in focus.
Bitget says its $464M-plus protection fund covers the loss, but withdrawals remain paused while the exchange reviews security and works to confirm a restart timeline.
The attribution, if confirmed, would put a major exchange breach in the spotlight of state-linked cybercrime and raise fresh questions about stolen-fund recovery.
4.5K $BTC (≈381M) moved from unknown wallet to unknown new wallet.
613 $BTC (≈51.7M) moved from Coinbase Institutional to unknown wallet.
A withdrawal of this size puts exchange-held ETH liquidity and institutional wallet activity back in focus, while its market impact depends on whether the coins stay off exchanges.
The transfer revives attention around a long-dormant Bitcoin balance, but the wallet movement alone does not establish a sale or a change in market direction.
Bitget says its user protection fund exceeds $464 million, a reserve it says is sufficient to cover the loss after the hot-wallet transfers.
A reopening could ease pressure on a critical shipping route, but the proposal's outcome depends on whether Washington engages and talks advance.
The concentration reflects a provider-specific token-token tally, not confirmed demand for XRP, while the near-empty RLUSD/TIX pool raises a liquidity warning.
The attribution remains unconfirmed, but the alleged DPRK connection raises the stakes for exchange security and scrutiny around the $352M loss.
613 $BTC (≈51.9M) moved from Coinbase Institutional to unknown wallet.
2.7K $BTC (≈228.8M) moved from unknown wallet to unknown wallet.
2.7K $BTC (≈228.3M) moved from unknown wallet to unknown wallet.
930 $BTC (≈78.8M) moved from #Kraken to unknown wallet.
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