An a16z-affiliated entity minted 88,350 HYPE tokens in the past 30 minutes, valued at approximately $6.4 million.

According to on-chain analyst Ai Aunt (@ai_9684xtpa), an a16z-affiliated entity withdrew 88,350 Hyperliquid (HYPE) tokens—valued at approximately $6.4 million—from multiple exchanges in the past 30 minutes. Since 2026, this address is suspected to have accumulated a total of 7.335 million HYPE tokens, with a total value of roughly $340 million and an average purchase price of approximately $46.46 per token. At the current market price, its unrealized gains amount to approximately $193 million.