[Previously, the wallet that withdrew $6.4 million worth of HYPE from exchanges belongs to a16z, with a total position of $340 million] According to on-chain analyst Ai Yi's monitoring, an entity associated with a16z has withdrawn 88,350 HYPE tokens worth $6.4 million from major exchanges in the past half hour. Since 2026, it is suspected to have accumulated $7.335 million worth of HYPE, with a total position of $340 million at an average price of $46.46 per token, currently yielding a floating profit of $193 million. Earlier reports indicated that a new wallet withdrew $6.4 million worth of HYPE from multiple CEX platforms, with a cumulative withdrawal of 1.22 million HYPE tokens over the past half month, which were subsequently staked.