In the past 24 hours, significant purchases of HYPE by whales and public wallets have led to a 22.86% reduction in exchange supply, according to Nansen monitoring. Notably, the high-balance address Adeub6BN executed five consecutive purchases, each valued between $51,000 and $99,000. Additionally, the address lajay.sol acquired approximately $66,000 worth of HYPE eight hours ago, while Token Millionaire GJvewfRj withdrew HYPE from the Meteora liquidity pool.