Wallets tied to venture firm a16z hold 4.92 million HYPE tokens, valued at approximately $183 million, per onchain data.
Wallets linked to venture capital firm a16z have accumulated 4.92 million HYPE tokens, worth about $183 million, becoming the sixth-largest holder of the token. The firm may also be the largest external holder outside Hyperliquid-linked addresses.
Since August 2025, a16z-linked wallets have purchased 9.18 million HYPE tokens, totaling roughly $356 million at an average price of $38.77. The holdings now show unrealized gains of approximately $79.29 million.
The data, sourced from onchain analysis, highlights growing institutional interest in the HYPE token amid its recent price movements.