a16z Builds 5.93M HYPE Position, Unrealized Gains Reach $86.72M

PANews, May 23 — On-chain analyst Ai Yi reported that the largest HYPE-linked external address, suspected to be associated with a16z, withdrew an additional 114,533.98 HYPE from exchanges and market makers in the past 24 hours. The tokens were valued at $6.45 million at an average price of $56.31. Since 2026, the entity has accumulated 5.93 million HYPE tokens worth about $240 million, with unrealized profits estimated at $86.72 million.