According to on-chain data, a major exchange recently witnessed a noteworthy large withdrawal operation. BitMEX co-founder associated address 0xc3…c1dd, after three months of silence, withdrew a total of 19,226.85 HYPE tokens from a leading exchange. Based on the current price, this withdrawal is worth approximately $500,000.

Interestingly, this co-founder previously publicly stated that HYPE is one of his key revenue sources to watch in 2025. This withdrawal operation somewhat reflects his true attitude—after all, large withdrawals often indicate long-term confidence in the asset and control over holdings. From a market perspective, such movements by major players are always worth monitoring, as they can reveal genuine judgments by seasoned investors about certain new tokens.

For traders who focus on on-chain data and the movements of large holders, these operation data provide a reference dimension. However, investment decisions should still be based on a comprehensive analysis of multiple factors.