A 31-day dormant wallet wakes to route $250.2K of HYPE to a centralized exchange
After a month of no tracked activity, Unknown wallet sent 4,300 HYPE worth about $250K toward a hot wallet pattern.
The timeline shows a 31-day quiet period ending with a single observed reactivation: a $250.2K HYPE transfer flagged as hot_to_cex. That path, funds moving to an exchange-associated wallet, is what a potential distribution setup looks like on chain.
The wallet had only one prior tracked large move in the dossier, so there is no repeated pattern to lean on yet. Detector conviction sits at 41/100, meaning the bearish read is plausible but far from proven.
Next event: Whether this wallet sends more HYPE to a labelled venue or returns to inactivity.