Odaily Planet Daily reported that according to on-chain analyst MLM monitoring, Anchorage is still buying a large amount of HYPE through Bybit. Today, it withdrew 455,000 HYPE from Bybit, worth US$25.3 million, and transferred 210,000 HYPE worth US$11.7 million to a new wallet that most likely belongs to a16z.

Currently, a6z-related wallets hold a total of 1.638 million HYPE, worth $91 million. Last week, Anchorage bought 1.428 million HYPE for a16z, worth $79 million.