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Anchorage has today withdrawn 455,000 HYPE from Bybit, and transferred 210,000 HYPE to a suspected a16z newly created wallet.

2025-09-11 10:33

BlockBeats News, September 11, according to @mlmabc monitoring, Anchorage has recently been actively buying HYPE through Bybit, mainly on behalf of a16z.


Last week, Anchorage purchased 1,428,000 HYPE tokens (about $79 million). Today, Anchorage withdrew a total of 455,000 HYPE tokens (about $25.3 million) from Bybit, with 210,000 HYPE tokens (about $11.7 million) being transferred to a newly created wallet, which is likely owned by a16z.


Currently, the a16z address holds a total of 1,638,000 HYPE tokens (about $91 million), making it one of the key driving factors behind the recent surge in HYPE price.

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