Hex Trust's affiliated entities have acquired 72.23 million H tokens in the last four hours, amounting to 2.55% of the token's circulating supply, according to on-chain analyst Ai Aunt. The associated withdrawal addresses now hold 101 million H tokens, representing 3.57% of the total supply.
This accumulation comes ahead of a significant adjustment by the H Foundation to the token vesting schedules for early investors, which includes either extending the vesting period or offering a 70% discount on a lump sum release on June 26. Hex Trust is a strategic investor in the foundation, though it is unclear if this accumulation is related to the upcoming token unlock event.
Hex Trust Accumulates 72.23 Million H Tokens, 2.55% of Supply
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