Whale Linked to a16z Acquires $10.2 Million in HYPE Tokens

A whale associated with a16z has created a new wallet and purchased 206,325 HYPE tokens valued at $9.95 million in the past 10 hours. According to Odaily, the tokens have already been staked. Since April 14, the whale has accumulated a total of 2.34 million HYPE tokens, amounting to $102 million.