TechFlow news: On May 28, according to on-chain analyst Ember (@EmberCN), following a five-day pause, an entity affiliated with a16z has resumed accumulating HYPE. Over the past seven hours, this entity received 253,947.43 HYPE tokens from major exchanges and market makers, valued at approximately $15.03 million, with an average acquisition price of roughly $59.20. Currently, HYPE is down 10% from its all-time high and trading at approximately $58.13.
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