a16z's move, with an average price of $46, now has an unrealized profit of nearly $200 million; institutional wallets are the real Alpha.

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CoinNetwork
Crypto World News reports that, according to on-chain analyst AI Auntie monitoring, an a16z-affiliated entity withdrew 8.835万 HYPE from exchanges within half an hour, worth approximately $6.40 million. Since 2026, this entity has accumulated 733.5万 HYPE in total, with a total value of approximately $340 million, at an average price of $46.46, and it currently has an unrealized profit of about $193 million.
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