a16z-Linked Wallets Accumulate 9.18M HYPE, Become Sixth-Largest Holder Worth $356M

HYPE6.96%
According to onchain analyst @ai_9684xtpa (via Wu Blockchain), a16z-linked wallets have accumulated 9.18 million HYPE since August 2025, with an estimated market value of $356 million as of May 20. The wallets rank as the sixth-largest HYPE holder overall and the largest external holder outside Hyperliquid-linked addresses. Data shows 4.92 million HYPE were acquired during 2026 alone, valued at approximately $183 million, with the position carrying an estimated $79 million in unrealized gains.
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