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Suspected Whale recently staked 2.785 million HYPE tokens, worth approximately $164 million

BlockBeats News, July 25th, according to MLM Monitor, a whale address that had previously accumulated 2.94 million HYPE tokens (approximately $172 million) from September to October last year, recently staked 2.785 million HYPE tokens across 20 wallets, currently valued at approximately $164 million.

On-chain analysts speculate that this address may belong to a16z (Andreessen Horowitz), but it has not been officially confirmed yet. This large-scale staking activity indicates that the whale is transferring a significant amount of HYPE tokens into the staking system, demonstrating confidence in the long-term development of the Hyperliquid ecosystem.

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On-Chain Activity

51min ago

In the first half of 2026, the cryptocurrency industry lost approximately $1.32 billion, with Access Control Vulnerabilities being the primary attack vector.

1h ago

Suspected Whale recently staked 2.785 million HYPE tokens, worth approximately $164 million

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