a16z-Linked Entity Deposits 32,862 HYPE to Exchanges, Transfers $15.02 Million in Five Days
An entity linked to a16z deposited 32,862 HYPE to exchanges, bringing the value of its HYPE transfers over the past five days to $15.02 million. According to Odaily, on-chain analyst Ai Yi said the entity has withdrawn 3.75 million HYPE from exchanges and market makers since July 15, with an average withdrawal price of $83.50; the figure excludes deposits. If the HYPE deposited over the past five days is sold, the entity is estimated to make a profit of $1.08 million.