An a16z-Linked Whale Deposits 437,000 HYPE Tokens Worth $28.38 Million to the Exchange in Two Days

BlockBeats News, July 17th - According to LookIntoChain, the whale associated with a16z, which had previously garnered a lot of HYPE, has started to unload its holdings. Over the past two days, the whale has deposited 437,000 HYPE tokens into Hyperliquid, OKX, Bybit, and Gate, with a total value of approximately $28.38 million, presumably for selling pressure.