Suspected a16z Wallet Buys Another 243,000 HYPE Coins

BlockBeats News, January 29th. On-chain data shows that an address backed by a16z bought 243,000 HYPE tokens through Anchorage early this morning. As of the time of writing, the related address holds a total of 1.53 million HYPE, valued at approximately $50.49 million.

Last September, according to @mlmabc monitoring, a similar operation was also identified as a suspected a16z address. At that time, the suspected a16z address bought 210,000 HYPE tokens.