a16z-Linked Whale Buys 261,250 HYPE in Latest Hour, $33M Unrealized Gains on 3.17M Total Holdings

GateNews
HYPE-4.94%
According to Lookonchain monitoring (via BlockBeats), on May 22, an a16z-linked whale address purchased 261,250 HYPE tokens worth $15.2 million in the past hour. Since April 14, the address has accumulated 3.17 million HYPE tokens (valued at $148.5 million) at an average buy price of $46.8 per token, currently holding $33 million in unrealized gains.
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