The title of a16z's research report: 'Hyperliquid: Redefining Decentralized Derivatives Infrastructure' a16z-affiliated address activity: 471,500 HYPE → OKX → Bybit → Gate → Sold VC's words: HYPE is a revolution VC's actions: I’ve finished the revolution, now it’s your turn On the same day, a certain whale withdrew 50,000 ETH from Coinbase Prime. No research reports, no shilling, no PR. Just four words: Addresses don’t lie.