On-chain analyst Ai Yi said an a16z-linked entity, identified as the largest external holder of HYPE, has sent another 32,862 HYPE to exchanges. Over the past five days, the entity has moved HYPE worth $15.02 million, according to the monitoring data cited by Odaily. The same address group has accumulated 3.75 million HYPE withdrawn from major exchanges and market makers since July 15. Based only on withdrawal data and without subtracting later deposits, the average withdrawal price was $83.5. Ai Yi added that if the HYPE deposited over the past five days has already been sold, the estimated profit would be $1.08 million. The report did not provide additional transaction details beyond the monitored transfers.
Odaily reported, citing on-chain analyst Ai Yi, that an a16z-linked entity identified as the largest external HYPE holder has again deposited 32,862 HYPE to exchanges.
Over the past five days, the entity has moved HYPE worth $15.02 million, according to the monitoring data.
Since July 15, the same entity has withdrawn a cumulative 3.75 million HYPE from major exchanges and market makers. Based only on withdrawal data, without deducting deposited tokens, the average withdrawal price was $83.5.
If the HYPE deposited during the past five days has been sold, the estimated profit would be $1.08 million.
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