Address linked to a16z deposits $5.18M in HYPE to exchanges

An address linked to a16z (Andreessen Horowitz) has deposited a total of 77,402 HYPE, worth approximately $5.18 million, to major exchanges over the past five hours, according to ai_9684xtpa. He noted that the address has stopped accumulating more HYPE over the past week and has instead been moving assets externally. He added, however, that this latest transfer is relatively small compared to the scale of its previous accumulations.