a16z has withdrawn another 580703 HYPE tokens valued at $33.72 million at an average $58.08 over the past 24 hours, extending its position as the largest external holder even after the token briefly cleared $60 before easing to $57.07.

Price action on the 4h chart shows the token trading inside the Bollinger Bands with upper resistance at $61.95, while the neutral RSI at 64.86 and bullish MACD golden cross support a measured pullback toward the EMA50 level of $48.81 before any fresh leg higher; this steady HYPE token accumulation by a16z shapes near-term HYPE price prediction models and highlights ongoing AI industry impact on crypto flows.