Silicon Valley Firm’s ‘Massive HYPE Buy’ May Trigger 55% Hyperliquid Rally
Hypeliquid DEX's native token HYPE, a wallet associated with Silicon Valley-based venture capitalist a16z, is showing potential for a 55% rally after accumulating $90.87 million worth of tokens in just one month.
Main Receptors:
HYPE's three-day chart shows a cup and handle separation, with the neckline sitting around $45-$47. ETF launch, Coinbase-Circle USDC roles, and potential US regulatory clarity could widen Hyperliquid's institutional interest base.
HYPE cup-and-hand configuration eyes register high places
HYPE appears to be forming a cup-and-handle pattern, a familiar bullish continuation setup.
A cup-and-handle forms as price makes a circular recovery, pauses at resistance, and then breaks higher. Traders calculate the upside target by measuring the depth of the cup and adding the distance to the breakout level.
In the case of HYPE, a “cup” was formed after the price dropped from $46 to nearly $21, then gradually recovered to the $45-$47 protection zone in a circular structure. That area now acts as the neckline of the pattern.
HYPE/USDT Three Day Price Chart. Source: TradingView
As of Monday, HYPE was consolidating slightly downwards, creating the “handle” part of the structure that was confirmed. The benchmark may rise to $71–$72 in 2026 if the divergence from the $45–$47 neckline area is assumed.
This means a rise of about 55% from the current prices, which is a new record for the token.
a16z-connected wallet accumulates $90.87M HYPE
The HYPE bullish technical setup has received support from a new in-chain stock signal.
On Monday, Lookonchain said it was affiliated with Andreessen Horowitz or a16z, a wallet 0xb5E4 bought another 372,000 HYPE worth $16.91 million in three hours.
Wallet ‘0xb5E4' transaction records. Source: Arkham Intelligence
HYPE stood out in an otherwise weak crypto market, with Bitcoin (BTC) down 1.22% and Ether (ETH) down 2.22%, gaining roughly 7% in 24 hours. In the year-to-date time frame, HYPE is up 80% compared to losses of 12.5% and 28.3% for BTC and ETH respectively.
HYPE/USDT year-to-date price performance compared to BTC/USD and ETH/USD. Source: TradingView
The latest “MASSIVE HYPE BUY” has raised the total holdings of A16Z-linked wallets to 2.11 million HYPE since April 14, which is worth around $90.87 million.
Source: X
A large inventory associated with a venture can strengthen market confidence, especially when it occurs while the price is testing a higher resistance zone.
The reported 16z-related acquisitions add to a strong bullish run for Hyperliquid.
Last week, the launch of the US spot HYPE ETF opened up a streamlined access point for traditional investors, while Coinbase and Circle's USDC deployment roles bolstered Hypeliquid's stablecoin infrastructure capabilities.
Trader Pentoshi said Hyperliquid's revenue could “5x–10x” if it allowed hedge funds, proposal desks and asset managers to trade on the platform, which complies with the US framework, such as the CLARITY Act.
Source: X
Higher institutional activity could boost HYPE's demand for strong volume, earnings and confidence in Hypeliquid's growth.
