A16z-Linked Address Transfers 118,016 HYPE to Trading Firms Over Two Days
An address linked to a16z, HYPE’s largest external holder, transferred 118,016 HYPE in batches to Wintermute, Galaxy Digital and Cumberland. According to Foresight News, monitoring by @ai_9684xtpa showed the transfers began yesterday and averaged $90.72 per token; their purpose is unknown, and the latest transfer occurred 10 hours ago.