a16z-affiliated wallet has cumulatively purchased 1.64 million HYPE tokens in the past month, with unrealized losses exceeding $6 million.

Lookonchain monitoring shows that a wallet associated with a16z, 0xb5E4, bought another 50,168 HYPE (US$1.97 million) 8 hours ago. In the past month, this wallet has accumulated 1.64 million HYPE (US$69.43 million), with a current unrealized loss of over US$6 million.