HYPE Tokens Move: Syncracy Capital Sends 200,000 HYPE (~$6.9M) to Amber Group, Amber Group Deposits on Bybit

According to COINOTAG News on December 3, the crypto hedge fund Syncracy Capital executed a transfer of 200,000 HYPE tokens, valued at about $6.9 million, to the digital-asset platform Amber Group.

Two hours later, Amber Group moved the assets into Bybit, establishing a fresh custody trail and a liquidity channel within a leading exchange ecosystem.

This sequence underscores ongoing treasury-management practices among professional crypto players, highlighting cross-exchange activity as part of routine liquidity and risk management.