An a16z-linked entity withdrew 88,350 HYPE from major exchanges over the past 30 minutes, according to monitoring by Ai Yi.
According to Odaily, the withdrawal was valued at about $6.4 million.
The monitoring data also said that since 2026, the entity is suspected to have built a position of 7.335 million HYPE with a total amount of about $340 million, at an average price of $46.46.
It added that the position currently shows an unrealized profit of about $193 million.
a16z-Linked Entity Withdraws 88,350 HYPE From Exchanges, Ai Yi Says
2026-06-17 09:44:22
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