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Bitcoin Transfer Leads $138.5 Million in Three-Hour Crypto Moves

The three transfers sent $97.9 million to OKEX and HyperCore, while $40.6 million moved from HyperCore to an unknown wallet.

Mentioned assets
A bronze token rests beside a brushed-steel exchange intake slot / TokenPost.ai
A bronze token rests beside a brushed-steel exchange intake slot / TokenPost.ai

Bitcoin (BTC) worth $69.9 million led $138.5 million in crypto transfers over three hours ending at 2 a.m. ET (06:00 UTC) Oct. 17, as more value moved to OKEX and HyperCore than away.

An unknown wallet sent 856 BTC to OKEX at 11:40 p.m. ET Oct. 16 (03:40 UTC Oct. 17). The transfer was valued at $69.9 million.

The other two transfers involved Hyperliquid’s native token (HYPE) and occurred at 2 a.m. ET (06:00 UTC) Oct. 17. A transfer of 351,380 HYPE, worth $28 million, went from an unknown wallet to HyperCore. Another 509,474 HYPE, valued at $40.6 million, moved from HyperCore to an unknown wallet.

Together, the Bitcoin transfer and the HYPE transfer to HyperCore accounted for $97.9 million sent to those destinations. The remaining $40.6 million moved away from HyperCore. The listed transfers show movement in both directions, but do not establish what the receiving wallets did next.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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