---
title: "a16z continues to reduce its holdings in HYPE, transferring tokens worth approximately $10.19 million to trading platforms in the past two days"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291347687.md"
description: "[a16z continues to reduce its holdings in HYPE, transferring tokens worth approximately $10.19 million to trading platforms in the past two days] According to Golden Finance, on July 1st, monitoring by Onchain Lens revealed that the venture capital firm a16z transferred 76,840 HYPE tokens worth approximately $5 million to multiple trading platforms. In the past two days, a16z has transferred a total of 154,242 HYPE tokens worth approximately $10.19 million to trading platforms, and the related tokens have entered the selling process"
datetime: "2026-07-01T00:29:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291347687.md)
  - [en](https://longbridge.com/en/news/291347687.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291347687.md)
---

# a16z continues to reduce its holdings in HYPE, transferring tokens worth approximately $10.19 million to trading platforms in the past two days

\[a16z continues to reduce its holdings in HYPE, transferring tokens worth approximately $10.19 million to trading platforms in the past two days\] According to Jinse Finance, on July 1st, monitoring by Onchain Lens revealed that the venture capital firm a16z transferred 76,840 HYPE tokens, worth approximately $5 million, to multiple trading platforms. In the past two days, a16z has transferred a total of 154,242 HYPE tokens, worth approximately $10.19 million, and the related tokens have entered the selling process

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- [THYP.US](https://longbridge.com/en/quote/THYP.US.md)
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