Suspected a16z address retrieves 471500 tokens from Hyperliquid and transfers them to multiple exchanges

According to on chain analyst Yu Jin's monitoring, the address suspected to be a16z (0x867... E6D) retrieved 471500 Hyperliquid native tokens worth $30.57 million from Hyperliquid in the past day, which were then transferred to exchanges such as OKX, Bybit, and Gate.