a16z has withdrawn 259,700 HYPE tokens from a CEX in the past 24 hours, equivalent to approximately $13.29 million.

BlockBeats News, May 21st, according to on-chain analyst Ai (@ai_9684xtpa), the largest external holder of HYPE, a16z, is still accumulating HYPE. In the past 24 hours, a total of 259,700 HYPE tokens were withdrawn from various major exchanges, amounting to $13.29 million, with an average withdrawal price of $51.17. Out of this, 73,000 HYPE tokens were deposited back into the exchange, and the purpose of this deposit is unknown.