In June, after buying $2400万 worth of HYPE for $68.7, this suspected largest HYPE-holding institution, allegedly associated with a16z, has also purchased and staked HYPE again.
Over the past day, using 12 addresses, they deposited 36 million USDC into Hyperliquid to buy HYPE. At the moment, they have already converted 24 million USDC into 282,090 HYPE, at an average price of $81.5.
They currently have as many as 4.679 million HYPE tokens ($381 million) that they have bought and staked, at an average price of about $65.6. They are currently up by $74.4 million.
Some addresses that purchased HYPE:
0x2119af67565cFe01393CaE6a19A39de44901fd6A
0x2570C0B3360215462deccD59F01d26739C9ff3bc
0x3bb3fec2a88C2eC5488b9d30ab17e76c07B65396
Over the past day, using 12 addresses, they deposited 36 million USDC into Hyperliquid to buy HYPE. At the moment, they have already converted 24 million USDC into 282,090 HYPE, at an average price of $81.5.
They currently have as many as 4.679 million HYPE tokens ($381 million) that they have bought and staked, at an average price of about $65.6. They are currently up by $74.4 million.
Some addresses that purchased HYPE:
0x2119af67565cFe01393CaE6a19A39de44901fd6A
0x2570C0B3360215462deccD59F01d26739C9ff3bc
0x3bb3fec2a88C2eC5488b9d30ab17e76c07B65396
