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Hyperliquid Tumbles 12% as a16z-Linked Wallet Dumps $28M HYPE Tokens

source-logo  coingape.com 5 h
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Hyperliquid’s native token $HYPE falls 12% over the past 24 hours amid massive profit-taking. On-chain data revealed that a wallet linked to venture capital giant a16z has started selling a major portion of its holdings.

coingape.com