On May 23, a wallet associated with Arthur Hayes transferred 115,453 HYPE tokens and 1.76 million AERO tokens to a centralized exchange (CEX). According to BlockBeats On-chain Detection, the HYPE tokens are valued at approximately $6.33 million, while the AERO tokens are worth around $785,000.

Arthur Hayes continues to hold 247,334 HYPE tokens, valued at approximately $13.6 million.