a16z-linked address purchases 372,000 HYPE tokens in 3 hours

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On-chain data shows that the a16z-linked address 0xb5E4 purchased 372,000 HYPE tokens within three hours, worth approximately $16.91 million. Since April 14, the wallet has accumulated 2.11 million HYPE tokens, spending a total of $90.87 million. This activity is visible in real time on on-chain platforms such as Lookonchain. Crypto news outlets continue to highlight significant inflows into HYPE.

According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address 0xb5E4 associated with a16z purchased an additional 372,000 HYPE tokens (approximately $16.91 million) over the past three hours. Since April 14, this address has accumulated a total of 2.11 million HYPE tokens, spending approximately $90.87 million in total.

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