a16z wallets hold 4M HYPE after $259M Hyperliquid buys

Twelve wallets suspected to be linked to Andreessen Horowitz have transferred roughly $259 million in USDC to Hyperliquid through more than 100 wallets since March, according to on-chain tracker @EmberCN. The funds were used to buy and stake 4.035 million HYPE at an average cost of approximately…