Address tied to a16z buys $36M in HYPE over 2 days

An address believed to be tied to a16z bought 441,000 HYPE worth $36 million over the past two days and staked the tokens, according to EmberCN. The average purchase price for the latest buys was $81.6. EmberCN added the address was still buying more and had just purchased $12 million worth of HYPE. The address is now staking a total of 4.826 million HYPE, with an average purchase price of $66.1 and unrealized profit of $84.9 million.