The entity associated with a16z has purchased over 90,000 HYPE tokens in the past 10 hours, bringing its total purchases this year to 6.996 million tokens.

CoinFeed reported on June 6 that, according to on-chain analyst Ai Yi, entities associated with a16z have accumulated another 90,091 HYPE tokens in the past 10 hours, worth $5.238 million. Their total holdings for 2026 have reached 6.996 million HYPE tokens, with a total value of $327 million and an average price of $46.85.