Odaily reported that on-chain analyst Ember monitored a wallet suspected to be linked to a16z that withdrew 471,500 native Hyperliquid tokens over the past day, valued at $30.57 million. The address, shown as 0x867...E6D, then moved the tokens to several exchanges, including OKX, Bybit and Gate. The update was presented as a short market bulletin and did not include additional context beyond the observed token movements and estimated value.
Odaily reported that, according to on-chain analyst Ember, a wallet suspected to be linked to a16z, identified as 0x867...E6D, withdrew 471,500 native Hyperliquid tokens over the past day, with an estimated value of $30.57 million.
The tokens were then transferred to several exchanges, including OKX, Bybit and Gate.
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