As the trend of "crypto-equity integration" continues to evolve, a type of listed company known as "crypto asset treasury companies" is emerging in the industry. Currently, the top three institutional holders have accumulated a total of 4.16 million ETH, forming an institutional force that cannot be ignored.

本报告基于对Hyperliquid链上合约交易数据及关联社交媒体交互数据的系统性分析，构建KOL影响力评估体系。研究样本覆盖10位市场头部KOL及其关联的100个高活跃度“聪明钱”地址。