Suspected a16z-Linked HYPE Holder Buys More Tokens via TWAP

A suspected a16z-linked institution transferred 13.05 million USDC to Hyperliquid eight hours ago and used TWAP to buy more HYPE after purchasing 816,000 HYPE a week earlier at an average price of $81.3 per token. According to Odaily, the institution now holds and stakes 5.201 million HYPE, with an average cost of about $67.2 per token and unrealized gains of about $95.18 million.