A16z related entity suspected of re establishing warehouse, proposing $7.335 million HYPE

According to on chain analyst Ai Yi's monitoring, a16z affiliated entities are suspected of rebuilding their positions after selling HYPE multiple times. In the past 8 hours, they have cumulatively withdrawn 13205665 HYPE worth 7.335 million US dollars from the exchange, with an average price of 55.54 US dollars; The address has transferred a total of 398000 HYPE worth approximately 24.89 million US dollars to the exchange since July 15th.