Potential A16z-Linked Wallet Stacks $90.87M in HYPE Across 34 Days
Key Takeaways An a16z-linked wallet bought 2.11M HYPE for $90.87M since April 14, with a fresh $16.9M purchase on May 18. The wallet staked 1.3M HYPE worth ~$51M, signaling long-term institutional conviction in Hyperliquid’s onchain model. 21shares launched the THYP Exchange-Traded Fund (ETF) on Nasdaq on May 12; Bitwise also filed for a spot HYPE…
