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a16z-affiliated entities are continuously selling HYPE, having transferred $10.19 million worth of HYPE to exchanges over the past two days

2026-07-01 00:46

Odaily reported that, according to monitoring by Onchain Lens, entities affiliated with a16z are continually selling HYPE. These entities have recently transferred 76,840 HYPE, worth approximately $5 million, to multiple centralized exchanges.

Data shows that over the past two days, these entities have transferred a total of 154,242 HYPE, worth approximately $10.19 million, to exchanges.