According to on-chain analyst Ai Yi (@ai_9684xtpa), entities associated with Hex Trust have accumulated 72.23 million $H tokens over the past four hours, accounting for 2.55% of the circulating supply. The related withdrawal address currently holds 101 million $H tokens, representing 3.57% of the circulating supply. Notably, the $H Foundation previously made significant adjustments to token allocations for early investors—either extending the vesting period or offering a 70% discount with a one-time full release on June 26. Hex Trust is one of the foundation’s strategic investors, but it remains unclear whether this large accumulation is related to the upcoming vesting event.
Hex Trust-linked entity accumulates 72.23M $H tokens in 4 hours
TechFlowShare
Summary
On-chain data reveals that an entity linked to Hex Trust has accumulated 72.23 million $H tokens in four hours, representing 2.55% of the circulating supply. The withdrawal address now holds 101 million $H, or 3.57% of the total supply. The $H Foundation recently revised vesting terms for early investors, offering either extended unlock periods or a one-time release at a 70% discount on June 26. Hex Trust is a strategic investor, but the connection between this accumulation and the vesting unlock remains unclear. Crypto news continues to highlight significant movements in token projects.
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