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An a16z-affiliated wallet bought another 50,000 HYPE tokens again 8 hours ago, bringing its total accumulated unrealized loss to over $6 million.
Golden Finance reports that on May 14, according to Lookonchain monitoring, the address linked to a16z, 0xb5E4, bought an additional 50,168 HYPE tokens 8 hours ago, worth approximately $1.97 million.
In the past month, this wallet has accumulated a total of 1.64 million HYPE tokens, valued at about $69.43 million, with current unrealized losses exceeding $6 million.