a16z holds $356 million worth of HYPE, potentially becoming its largest external holder

Odaily Odaily Planet Daily News According to monitoring by on-chain analyst Ai Yi, a16z (@a16zcrypto) has accumulated a position of 9.18 million HYPE, with a total value of $356 million, an average withdrawal price of $38.77, and an unrealized profit of $79.29 million per coin.

It has accumulated 206,000 HYPE in the past 11 hours, 2.35 million HYPE since April 16, and 4.92 million HYPE since 2026.

After deducting the portion transferred to exchanges and market makers, a16z still has 8.844 million HYPE scattered across dozens of addresses, ranking sixth in total holdings.