According to CoinMeta, a cluster of addresses suspected to be a16z has been continuously purchasing HYPE for three days, with a cumulative purchase amount of $306 million since May. As of press time, 12 execution addresses associated with the suspected a16z are still continuing to buy HYPE through TWAP. This round aims to purchase 146,900 units, of which 127,600 units have already been traded, amounting to approximately $10.419 million per transaction, with an average price of about $81.68 and a completion rate of about 86.8%. In the previous two days, the cluster purchased 148,100 and 146,300 units of HYPE respectively, with transaction amounts of about $11.968 million and $11.998 million. In the last three days, a total of about 422,000 units of HYPE have been purchased, with an actual investment of about $34.384 million.