A notable $HYPE movement from an entity linked to a major crypto investment firm. Worth keeping on the radar.
A16Z-LINKED ENTITY MOVES $10.7M IN HYPE TO MAJOR MARKET MAKERS 👀.
A wallet associated with an a16z-linked entity, has transferred a sizeable amount of #HYPE , following the disclosure of the Binance theft.
The wallet moved 118,016 HYPE, worth approximately $10.7 million, in multiple batches to Wintermute, Galaxy Digital and Cumberland.
The transfers were made, at an average price of around $90.72, with the latest movement recorded, approximately 10 to11 hours ago.
This is being watched as a potential sale, although the exact purpose of the transfers remains unknown. Exchange or market-maker deposits alone don't confirm that the tokens were sold.
address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e
A16Z-LINKED ENTITY MOVES $10.7M IN HYPE TO MAJOR MARKET MAKERS 👀.
A wallet associated with an a16z-linked entity, has transferred a sizeable amount of #HYPE , following the disclosure of the Binance theft.
The wallet moved 118,016 HYPE, worth approximately $10.7 million, in multiple batches to Wintermute, Galaxy Digital and Cumberland.
The transfers were made, at an average price of around $90.72, with the latest movement recorded, approximately 10 to11 hours ago.
This is being watched as a potential sale, although the exact purpose of the transfers remains unknown. Exchange or market-maker deposits alone don't confirm that the tokens were sold.
address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e
