TechFlow News: On May 22, according to on-chain analytics platform Lookonchain (@lookonchain), a whale associated with a16z purchased an additional 261,250 HYPE tokens (approximately $15.2 million) within the past hour. Since April 14, this whale has accumulated a total of 3.17 million HYPE tokens, spending approximately $148.5 million at an average price of $46.8 per token. Its current unrealized profit stands at approximately $33 million.
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