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Andreessen Horowitz might be quietly building a pretty serious $HYPE position.
A wallet linked to a16z, 0xb5E4, has accumulated around 1.588M HYPE worth roughly $67.46M over the past month.
What stands out even more is that about 1.3M HYPE , roughly $51.2M worth ... has already been staked across multiple wallets instead of being left liquid. This doesn’t really look like short-term trading activity. Feels much more like a long-term positioning play.
Address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e