PANews reported on April 10 that, according to Nansen monitoring, Hypersphere Ventures increased its holdings of 4.29 million SYRUP (approximately $1 million), withdrawing them from Binance 19 hours prior. Previous transaction records showed that this address held only 10 SYRUP, indicating the entire position was newly established.

Other funds holding SYRUP include: Framework Ventures holding 23.9 million SYRUP (approximately $5.6 million), with no sales; Arca holding 15.7 million SYRUP (approximately $3.7 million), with no sales; CMT Digital holding 9.8 million SYRUP (approximately $2.3 million); and Spartan Group holding 5.4 million SYRUP (approximately $1.3 million).