Whale Address Stakes 2.785M HYPE Worth $164M in 11 Hours, Possibly Linked to a16z

HYPE-2.83%
According to ChainCatcher, citing MLM monitoring, a whale address that accumulated 2.94 million HYPE (approximately $172 million) between September and October 2025 staked 2.785 million HYPE through 20 wallets over the past 11 hours, currently valued at approximately $164 million. Chain analysts speculate the address may belong to Andreessen Horowitz (a16z), though no official confirmation has been provided.
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