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a16z-Linked Wallets Deposit 233,000 HYPE to Exchanges Since October 30

COINOTAG·November 5, 2026·1 min read
a16z-Linked Wallets Deposit 233,000 HYPE to Exchanges Since October 30

a16z-linked wallets moved 233,000 HYPE, worth about $20.6 million, to exchanges since October 30 as midterm results cloud Hyperliquid's US onshoring hopes. The deposit suggests potential selling pressure, and the political landscape may impact Hyperliquid's regulatory strategy and token price.

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