💎 Notably: the a16z whale is once again "accumulating" HYPE!
According to on-chain data, the wallet address suspected to belong to a16z has just transferred another 13.05 million USDC to Hyperliquid to buy more HYPE through a TWAP order strategy to avoid causing price volatility.
Portfolio details of this wallet:
🔹 Total HYPE holdings: 5.201 million tokens
🔹 Estimated value: 445 million USD
🔹 Average purchase price: 67.2 USD
🔹 Unrealized profit: about 95.18 million USD
Looking further ahead, the fact that a large fund like a16z continuously increases its position and stakes it shows very strong confidence in Hyperliquid's long-term potential. Instead of buying aggressively all at once, they choose to accumulate gradually, which shows they are building a strategic position rather than short-term speculation.
The deeper view is that when major funds have already "loaded up" and are sitting on nearly 100 million USD in profits without selling, this could be a signal of a more sustainable growth cycle for the project.
👉 Where is the alpha? Right here — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1
#WhaleAlert #Crypto #OnChain #CryptoMarket #Trading $HYPE
According to on-chain data, the wallet address suspected to belong to a16z has just transferred another 13.05 million USDC to Hyperliquid to buy more HYPE through a TWAP order strategy to avoid causing price volatility.
Portfolio details of this wallet:
🔹 Total HYPE holdings: 5.201 million tokens
🔹 Estimated value: 445 million USD
🔹 Average purchase price: 67.2 USD
🔹 Unrealized profit: about 95.18 million USD
Looking further ahead, the fact that a large fund like a16z continuously increases its position and stakes it shows very strong confidence in Hyperliquid's long-term potential. Instead of buying aggressively all at once, they choose to accumulate gradually, which shows they are building a strategic position rather than short-term speculation.
The deeper view is that when major funds have already "loaded up" and are sitting on nearly 100 million USD in profits without selling, this could be a signal of a more sustainable growth cycle for the project.
👉 Where is the alpha? Right here — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en\u0026r=BOZMO8A1
#WhaleAlert #Crypto #OnChain #CryptoMarket #Trading $HYPE