a16z-linked wallets appear to rank sixth among HYPE holders after $356M accumulation since August 2025

Onchain analyst ai_9684xtpa says wallets linked to a16z crypto added 206,000 HYPE ($9.95M) in the past 11 hours and 4.92M HYPE ($183M) so far in 2026. Since starting large buys in August 2025, the cluster has accumulated 9.18M HYPE for about $356M at a $38.77 average cost, leaving 8.844M HYPE across dozens of addresses after transfers to exchanges and market makers. That would put the wallets around sixth among HYPE holders, potentially the largest external holder outside Hyperliquid-linked entities, with roughly $79.29M in unrealized gains.

TLDR by @Benthic

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• a16z
• Accumulation
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• HYPE