Suspected a16z HYPE holding institution buys 13.05 million USDC, with a floating profit of 95.18 million USD

According to on chain analyst Yu Jin's monitoring, the largest HYPE holding institution suspected to be a16z bought 816000 HYPEs at an average price of $81.3 a week ago. Eight hours ago, it transferred 13.05 million USDC to Hyperliquid and purchased HYPE again. Currently, the institution holds 5.201 million HYPEs worth $445 million, with a floating profit of approximately $95.18 million.