Suspected to be associated with a16z, giant whales have accumulated 6.62 million HYPEs

According to Hyperinsight monitoring, the "HYPE spot main force" added TWAP buy orders through five addresses today, planning to purchase 136000 HYPE units worth approximately $965 million. The giant whale has sold over 687000 HYPE TWAP orders worth approximately $481 million (calculated at a transaction price of $70) in the past four days. Monitoring shows that it creates orders every morning and buys in batches within 24 hours. Since 2026, its affiliated addresses have accumulated 6.62 million HYPEs (valued at approximately $463 million at current prices), and most of the spot goods have been transferred to the Hyperliquid platform. On chain address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e.