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a16z-affiliated entity withdraws over 220,000 HYPE from exchanges within 24 hours, with total holdings reaching 6.906 million HYPE

2026-06-05 02:07

Odaily Planet Daily reported that, according to on-chain analyst Ai Yi's monitoring, an entity affiliated with a16z has withdrawn a total of 224,118 HYPE (worth $15.156 million) from various exchanges over the past 24 hours. The total amount of HYPE accumulated by this entity since 2026 has increased to 6.906 million tokens (worth $322 million), with an average cost of $46.7 and an unrealized profit of $131 million.