According to a report from Odaily Planet Daily, on-chain analyst Ai Yi has monitored a significant accumulation by an entity linked to Hex Trust. Within the span of just 4 hours, the entity purchased 72.23 million H tokens, a quantity that now accounts for 2.55% of the total circulating supply of H. Hex Trust is a well-known digital asset custody and financial services institution that serves as a strategic investor in the H token ecosystem. The large-scale on-chain transfer quickly drew attention from the community and analysts.
Notably, the H token foundation made substantial adjustments to the token vesting for early investors back in April. Under the revised plan, investors could either extend the lock-up period of their tokens or opt for a one-off discounted settlement. If the latter option is chosen, the entire token allocation would be released on June 26 but at a 70% discount. As a strategic investor, the Hex Trust-linked entity’s heavy accumulation of tokens at this time places it just ahead of that critical unlock date.
On-chain analyst Ai Yi stated that it remains uncertain whether this asset transfer is directly related to the upcoming token unlock event. The move could involve internal position management by the foundation or other strategic arrangements. The analyst will continue to monitor the relevant addresses to determine the intent behind the transfer.