According to on-chain analyst Yujian, a whale suspected to be a16z's largest HYPE holder continued accumulating HYPE today. It transferred 13.05 million USDC to Hyperliquid 8 hours ago and bought via TWAP. The wallet now holds 5.201 million HYPE worth ~$445 million, with an average cost of $67.2 and an unrealized profit of ~$95.18 million.
According to on-chain analyst Yujian, a whale suspected to be the largest HYPE holder associated with a16z continued to buy HYPE today. A week ago, it spent 66.4 million USDC at an average price of $81.3 to purchase 816,000 HYPE. Eight hours ago, it transferred 13.05 million USDC to Hyperliquid and purchased HYPE via TWAP.
Currently, the whale has bought and staked 5.201 million HYPE, valued at approximately $445 million, with an average purchase price of $67.2. The unrealized profit stands at about $95.18 million.
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