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      a16z Institution Increases HYPE Holdings, Achieves Significant Profit

      An institution suspected to be affiliated with a16z has continued to expand its holdings in HYPE, according to on-chain analyst Yu Jin. This institution previously acquired 816,000 HYPE for 66.4 million USDC at an average price of 81.3 dollars per token just a week ago.

      Recently, the institution transferred 13.05 million USDC to Hyperliquid, utilizing a time-weighted average price (TWAP) method to purchase additional HYPE. Currently, the total amount of HYPE held and staked by this institution stands at 5.201 million, valued at approximately 445 million dollars, with an average purchase price of about 67.2 dollars per token.

      The current floating profit from these holdings is estimated to be around 95.18 million dollars, indicating a successful investment strategy by the institution in the HYPE market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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