Data: Suspected a16z institution continues to increase holdings in HYPE, current position floating profit is approximately 95.18 million USD

According to on-chain analyst Yu Jin's monitoring, the suspected largest HYPE holding institution of a16z continued to buy HYPE today. This institution previously spent 66.4 million USDC to purchase 816,000 HYPE at an average price of 81.3 dollars a week ago; 8 hours ago, it transferred 13.05 million USDC to Hyperliquid and purchased HYPE through a TWAP method.

Currently, this institution has bought and staked 5.201 million HYPE, worth approximately 445 million dollars, with an average purchase price of about 67.2 dollars, and the current floating profit is approximately 95.18 million dollars.