a16z-linked wallets shift $24M USDC to Hyperliquid for HYPE buys, expanding 4.035M token stake acquired since March at $64 average with $29M unrealized gains.

Garrett-linked wallet deposits $39.5M USDC on Binance, buys 42,524 HYPE and opens 504.4 BTC long at $39M while BTC trades at $77264.15.