A16z-linked entity deposits another 32,862 HYPE to exchanges, transferring $15.02 million in value over the past five days

Odaily reports: According to on-chain analyst Ai Yi's monitoring, the a16z-linked entity, the largest external entity holding HYPE, has once again deposited 32,862 HYPE to an exchange, having transferred a cumulative $15.02 million worth of HYPE over the past five days. Since July 15, this entity has withdrawn a cumulative 3.75 million HYPE from major exchanges and market makers; excluding deposits and counting withdrawals only, the average withdrawal price was $83.5. If the HYPE deposited over the past five days is sold, the estimated profit would be $1.08 million.