Addresses associated with a16z have purchased 1.588 million HYPE in the past month and staked 1.3 million.
According to Odaily, monitoring by Lookonchain shows that a wallet address associated with a16z, 0xb5E4, has accumulated purchases of 1.588 million HYPE over the past month, worth approximately $67.46 million.
Data shows that this address has also staked approximately 1.3 million HYPE through multiple wallets, valued at around $51.2 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aave Proposes "Principal-Preserving" Charity Donation Mechanism: Donate Yields, Not Principal
Strategy raises $2 billion through preferred stock issuance to purchase bitcoin
Hyperliquid defies the market by riding the AI giant IPO boom, with HYPE surging 69% year-to-date
The Nasdaq 100 Index hit a new intraday low, currently down by 0.8%.
