a16z-linked address purchased 1,588,000 HYPE over the past month and staked 1,300,000

Odaily Odaily: According to Lookonchain monitoring, a wallet address 0xb5E4 linked to a16z has accumulated purchases of 1,588,000 HYPE over the past month, valued at approximately $67.46 million.

Data shows that the address has also staked approximately 1,300,000 HYPE across multiple wallets, valued at around $51.2 million.