According to monitoring data from Lookonchain, two whale wallets believed to be linked to Andreessen Horowitz, or a16z, sold another 421,800 HYPE over the past 24 hours. The transaction was valued at about $25.3 million based on the figures provided in the update. The wallets cited were 0xb5E...c24e and 0xF43...9BC2. The alert described the sale as another round of selling activity from the same suspected a16z-linked holders. No additional transaction details were disclosed in the source note.
ChainCatcher reported, citing Lookonchain monitoring, that two whale wallets suspected to be linked to a16z, 0xb5E...c24e and 0xF43...9BC2, sold another 421,800 HYPE over the past 24 hours. The sale was valued at $25.3 million.
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