Wintermute acts as the counterparty, with FalconX, Coinbase, and Flowdesk collaborating, following institutional procurement procedures.

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CoinNetwork
Crypto news, according to Arkham data, an address 0x61…4318 associated with suspected Grayscale has accumulated over ten million dollars worth of HYPE in the past week through exchanges or OTC institutions such as Wintermute, FalconX, Coinbase, and Flowdesk. Currently, this address holds 176,050 HYPE tokens, worth approximately $9.84 million, and has transferred 149,100 HYPE tokens, worth about $7.49 million, to the Hyperliquid system address.
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