Whale linked to a16z accumulates 6.62 million HYPE tokens

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Today, a whale linked to a16z placed a TWAP buy order for 136,000 HYPE tokens, valued at $9.65 million. Over the past four days, the whale has purchased 687,000 HYPE tokens totaling $48.1 million. Since 2026, the whale has accumulated 6.62 million HYPE tokens, worth $463 million. The majority of these tokens have been transferred to Hyperliquid. Crypto price news indicates strong buying pressure in the HYPE market.

According to Hyperinsight monitoring, the "HYPE Spot Whale" today added TWAP buy orders across five addresses, planning to purchase 136,000 HYPE, worth approximately $9.65 million. Over the past four days, this whale has cumulatively placed TWAP buy orders for over 687,000 HYPE, valued at approximately $48.1 million (based on a $70 execution price). Monitoring shows that the whale creates orders daily in the morning and executes them in batches over a 24-hour period. Since 2026, associated addresses have accumulated a total of 6.62 million HYPE (worth approximately $463 million at current prices), with the majority of spot holdings transferred to the Hyperliquid platform. On-chain address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e.

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