a16z has reportedly continued accumulating HYPE, bringing its total holdings to approximately 5.93 million HYPE tokens since early 2026.
Over the past 24 hours, wallets believed to be linked to a16z withdrew more than 114,000 HYPE worth roughly $6.45 million from exchanges and market makers.
Its total position is now valued at around $240 million with an estimated unrealized profit exceeding $86 million.
The aggressive accumulation from major firms like a16z continues to strengthen market attention toward the Hyperliquid ecosystem and HYPE token.