POPA ReconSuspected a16z Wallets Accumulate 4.03M HYPE Flow Into Hyperliquid
Suspected a16z Wallets Accumulate 4.03M HYPE Flow Into Hyperliquid According to EmberCN, 12 wallets suspected to be linked to a16z transferred $24M USDC to Hyperliquid in the past 20 hours and are actively accumulating HYPE via TWAP orders. Since March, the group has reportedly moved over $259M USDC into Hyperliquid through 100+ wallets to buy and stake around 4.035M HYPE at an average cost near $64 per token. The position is currently showing an estimated $29M unrealized profit, with the wallets now considered one of the largest HYPE holders and a key driver of recent price momentum. The…
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