BlockBeats News, July 24th, according to Mlm Monitor, a certain HYPE whale staked 2.785 million HYPE through 20 wallets in the past 11 hours, worth approximately $164 million.

This whale had previously accumulated 2.94 million HYPE from September to October last year, currently worth around $172 million, making them one of the largest HYPE holders.

This whale may be related to a16z, but it has not been confirmed yet.