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According to Odaily, on-chain analyst Yu Jin has monitored that 12 wallets suspected to belong to a16z have transferred 24 million USDC into Hyperliquid over the past 20 hours, and are currently using TWAP (Time-Weighted Average Price) to purchase HYPE. They are currently the largest institutional holder of HYPE and one of the main drivers behind HYPE's continuous new highs in recent months: Excluding their current ongoing purchases, since March they have used more than one hundred wallets to transfer a total of 259 million USDC into Hyperliquid to buy and stake 4.035 million HYPE at an average price of around $64. Their unrealized profit is approximately $29 million.

According to GMGN data, the CARDS token in the Solana ecosystem saw a brief surge above $0.3, continuing to set new highs for the current rebound. It is currently trading at $0.288, with a daily increase of over 24%. Odaily warns users that Meme coin prices are highly volatile. Investors are advised to proceed with caution.

Odaily reports that, according to MSX.COM data, AI concept stocks in the U.S. stock market pre-market session showed mixed movements: MRVL rose 3.9%, MU rose 2.2%, AVGO rose 4.3%, ANET fell 1.83%, and AMD rose 1.02%. It is reported that MSX is a leading RWA trading platform, with hundreds of RWA tokens already listed, covering popular U.S. stocks and ETF token assets such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.