Onchain Lens reported that Galaxy Digital OTC deposited 47,000 HYPE, worth about $4.06 million, to OKX around four hours before the report. The observer said the transfer was likely related to a sale.
Transfer reported
BlockBeats attributed the transaction to Onchain Lens and described the destination as OKX. The report did not provide a public wallet address or transaction hash in the flash.
No executed sale confirmed
A deposit to an exchange can precede a sale, but it can also reflect custody, market-making or an internal transfer. The available reports do not establish that Galaxy Digital sold the HYPE or that a sale is certain.
Sources: BlockBeats English flash and Onchain Lens’ report via FxTwitter, published October 31, 2026.