Odaily reported, citing monitoring by Ai Yi, that an entity linked to a16z withdrew 88,350 HYPE from major exchanges over the past half hour. Based on the cited monitoring data, the tokens were valued at approximately $6.4 million. The withdrawal marks another short-term increase in the entity’s observed HYPE holdings.
Suspected HYPE Position Built Since 2026
According to the same monitoring, the a16z-linked entity is suspected of having accumulated 7.335 million HYPE since 2026. The total amount involved is estimated at about $340 million, with an average cost of $46.46 per HYPE. The latest withdrawal of 88,350 HYPE falls within the recent changes being tracked for this address.
On the basis of the monitoring figures, the entity’s current unrealized profit on its HYPE holdings is about $193 million. Unrealized profit refers to paper gains calculated against the current valuation rather than gains that have been locked in through a sale. The figures above are taken from Ai Yi’s monitoring as reported in Odaily’s newsflash.