
An entity linked to a16z withdrew 224,118 HYPE tokens worth approximately $15.16 million from major exchanges over the past 24 hours, further expanding its position in the asset.
Consequently, its total HYPE holdings have climbed to 6.906 million tokens, with a current value of around $322 million. Acquired at an average cost of approximately $46.70 per token, the position is now sitting on an estimated unrealized profit of about $131 million.
Source: Aunt Ai