a16z-Linked Wallet Adds $15.16 Million of Hyperliquid in 24 Hours
Uk Jin
Summary
- A wallet linked to Andreessen Horowitz, or a16z, appears to have made another large purchase of Hyperliquid (HYPE).
- The a16z-linked wallet withdrew 224,118 HYPE from major cryptocurrency exchanges over the past 24 hours, worth about $15.16 million.
- The total amount of Hyperliquid tokens accumulated this year by wallets linked to a16z reached 6.906 million, with purchases valued at about $322 million and an average acquisition price of $46.7.
Forecast Trend Report by Period
A wallet linked to venture capital firm Andreessen Horowitz, or a16z, appears to have sharply increased its holdings of Hyperliquid (HYPE).
On-chain analyst ai_9684xtpa wrote on X on June 5 that the wallet withdrew a total of 224,118 HYPE tokens from major cryptocurrency exchanges over the past 24 hours. At current prices, the haul was worth about $15.16 million.
The latest buying raised the total amount of Hyperliquid accumulated this year by wallets linked to a16z to 6.906 million tokens. The purchases were valued at about $322 million, with an average acquisition price of $46.7 per token.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
