The "HYPE spot main contract" added another $20.35 million, nearly single-handedly maintaining buying pressure on the TWAP side for three days.

According to BlockBeats, on June 3rd, Hyperinsight monitoring showed that yesterday and this morning, a major HYPE spot trader again made large-scale purchases of HYPE spot shares on the Hyperliquid platform using TWAP (time-sharing order book), totaling approximately $20.35 million (assuming a full execution price of $72 per share). This whale is building its position through 10 addresses and plans to continue buying over the next 24 hours, as detailed below: - Yesterday evening: TWAP orders that have not yet been fully executed totaled 111,500 units (worth approximately US$8.02 million). - This morning: 5 new orders were placed, and the transaction is still in its early stages. The order is for 171,000 units (worth approximately US$12.32 million). According to incomplete statistics, this whale has purchased more than 551,200 HYPE tokens in the past three days, worth more than $40 million. Its purchases in each round have contributed almost the vast majority of the buying power on TWAP, almost single-handedly maintaining the net buying trend of HYPE on TWAP in the past three days. Funds Source Tracing: The funds from the above addresses can all be traced back to on-chain address 0xb5E4. This address was previously monitored and suspected of being associated with a16z, HYPE's largest external entity, and in late May, it frequently collected HYPE spot funds from multiple liquidity sources, including various trading platforms. Since 2026, its related addresses have accumulated 5.93 million HYPE tokens (worth approximately $427 million at current prices), and some of these tokens were transferred to the Hyperliquid platform in the past week. On-chain address (primary): 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e On-chain address: 0xe2225d0f3f9F23B28C1F35CC88749ee018c7Acc8 - HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community and set it as an administrator (message sending permission required) to automatically sync on-chain information.