TechFlow news, September 11 — According to monitoring by @mlmabc, venture capital giant Andreessen Horowitz (a16z) appears to be purchasing large amounts of $HYPE tokens through Anchorage Digital. The latest transaction shows that Anchorage withdrew approximately 455,000 $HYPE (worth $25.3 million) from Bybit and transferred 210,000 of them (worth $11.7 million) to a new wallet suspected to belong to a16z.
Currently, a16z holds approximately 1.638 million $HYPE across multiple wallets, with a total value of about $91 million. The previous week, Anchorage had already purchased 1.428 million $HYPE (worth $79 million) for a16z.
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