coin-img-ETHETH-1.22%coin-img-SPCXBSPCXB-8.28%coin-img-BTCBTC-1.38%coin-img-SOLSOL-1.76%coin-img-XRPXRP-2.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-0.58%coin-img-ASTERASTER-6.21%coin-img-ETHETH-1.22%coin-img-SPCXBSPCXB-8.28%coin-img-BTCBTC-1.38%coin-img-SOLSOL-1.76%coin-img-XRPXRP-2.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-0.58%coin-img-ASTERASTER-6.21%coin-img-ETHETH-1.22%coin-img-SPCXBSPCXB-8.28%coin-img-BTCBTC-1.38%coin-img-SOLSOL-1.76%coin-img-XRPXRP-2.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-0.58%coin-img-ASTERASTER-6.21%coin-img-ETHETH-1.22%coin-img-SPCXBSPCXB-8.28%coin-img-BTCBTC-1.38%coin-img-SOLSOL-1.76%coin-img-XRPXRP-2.64%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE-0.58%coin-img-ASTERASTER-6.21%

Analyst says 12 wallets tied to a16z moved 24 million USDC to Hyperliquid in 20 hours to buy HYPE

Onchain analyst Yujin reported that 12 wallets suspected to be linked to a16z sent 24 million USDC to Hyperliquid over the past 20 hours and are buying HYPE via TWAP. Yujin added they have moved more than 259 million USDC since March across 100 plus wallets to buy and stake 4.035 million HYPE at about $64 on average.
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