According to monitoring by @ai_9684xtpa, a16z crypto-related addresses may have become the sixth-largest HYPE holding entity and possibly the largest external holder outside of Hyperliquid's own ecosystem-related addresses. Data shows that since 2026, these addresses have accumulated an additional 4.92 million HYPE, valued at approximately $183 million. If we count from August 2025, when large-scale accumulation began, a16z-related addresses have purchased a total of 9.18 million HYPE, worth about $356 million, with an average cost of approximately $38.77 per HYPE and an unrealized profit of around $79.29 million. https://(wublock123.com)/news/a16z-largest-external-holder-of-hype-918k-hype-worth-356m-61364