a16z Accumulates 9.18M HYPE Tokens Worth $356M, Becomes Largest External Holder

GateNews
HYPE1.52%
According to ChainCatcher, on-chain analyst Ai姨 reports that a16z has accumulated 9.18 million HYPE tokens (approximately $356 million) since August 2025, making it the largest external holder of HYPE after the protocol's own ecosystem entities. The venture capital firm currently holds 8.844 million tokens across multiple addresses. In the past 11 hours alone, a16z added 206,000 HYPE tokens worth approximately $9.95 million, bringing its 2026 accumulation to 4.92 million tokens ($18.3 million). Based on current prices, the position carries unrealized gains of $79.29 million.
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