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The a16z-affiliated entity has once again accumulated 88,350 HYPE tokens today, bringing its total holdings to a value of $85.54 million HYPE.

BlockBeats News, June 17th, according to on-chain analyst Ai (@ai_9684xtpa), an a16z-affiliated entity has withdrawn 88,350 HYPE tokens ($6.4 million) from OKX, Gate, Kraken, and Bybit.

Since June 1st, the wallet has withdrawn a total of 1,229,524 HYPE tokens ($85.54 million) and staked them.

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The a16z-affiliated entity has once again accumulated 88,350 HYPE tokens today, bringing its total holdings to a value of $85.54 million HYPE.

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A new address shorted the Nasdaq with 30x leverage, with a position size of $15 million.

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