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An address believed to be associated with a16z withdrew 471,500 Hyperliquid native tokens within a single day and transferred them to several exchanges, with a total value of $30.57 million.
Svmuu News: According to monitoring by on-chain analyst Yu Jin, an address suspected to belong to a16z (0x867... E6D) has withdrawn 471,500 Hyperliquid native tokens—worth $30.57 million—from Hyperliquid within the past day and subsequently transferred them to exchanges such as OKX, Bybit, and Gate.
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