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An a16z Affiliate Whale Address has accumulated 3.17 million HYPE tokens, with an unrealized gain of up to $33 million.

BlockBeats News, May 22. According to LookIntoChain, the whale address associated with a16z once again purchased 261,250 HYPE tokens in the past hour, worth $15.2 million.


Since April 14, the whale has accumulated a total of 3.17 million HYPE tokens (valued at $148.5 million), with an average purchase price of $46.8 per token. They are currently holding unrealized profits worth $33 million.

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HYPE is no longer simply seen as a high-performance perpetual DEX token, but as an on-chain transaction system.
A16Z is more of a media empire than a Silicon Valley investment house.
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