FalconX on the other side is also taking delivery—860 ETH plus over 40k HYPE. Is this a quiet accumulation by institutions, or are they preparing to dump?

ETH-0.91%
HYPE-2.18%
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CoinNetwork
CoinWorld News, according to on-chain monitoring platform Onchain Lens, address 0x66f withdrew 222,493 HYPE from Coinbase, worth approximately $14.4 million. Address 0x643 received 44,986 HYPE and 860.8 ETH from FalconX, currently holding 152,986 HYPE and 9,311 ETH.
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