a16z Continues to Reduce HYPE Holdings, Transferring Tokens Worth Approximately $10.19 Million to Exchanges in the Past Two Days

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BlockBeats News, July 1st, according to Onchain Lens monitoring, the venture capital firm a16z once again transferred 76,840 HYPE tokens to multiple exchanges, worth approximately $5 million. Over the past two days, a16z has transferred a total of 154,242 HYPE tokens to exchanges, worth around $10.19 million, and the associated tokens have entered the selling process.

Source: BlockBeats

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