On-chain analyst Ai Yi (@ai_9684xtpa) reports that an entity linked to a16z has stopped accumulating $HYPE over the past week and has transferred a total of 77,402 HYPE (approximately $5.18 million) to major exchanges in the last 5 hours. While this entity's transfer frequency is not low, the volume of this batch remains minor relative to its previous large-scale accumulation.
According to on-chain analyst Ai Yi (@ai_9684xtpa), an entity associated with a16z has ceased accumulating $HYPE over the past week and has moved a total of 77,402 HYPE tokens (worth approximately $5.18 million) to major exchanges within the last five hours.
Notably, this entity's transfer frequency is relatively high, but the current batch size is still small compared to its earlier large-scale accumulation. The move may indicate a position adjustment, though the overall selling pressure has not significantly increased.
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