Hyperliquid Strategies buys $45.8M HYPE while whale selling concerns remain

Hyperliquid Strategies buys $45.8M HYPE while whale selling concerns remain

Hyperliquid Strategies has bought another 494,200 HYPE worth $45.8 million as the company continues to build its treasury while large holders move millions of dollars worth of the token toward potential sale. Lookonchain reported on Sept. 25 that wallet 0x6436,…

Hyperliquid Strategies Buys Another 494K HYPE Amid Whale

Hyperliquid Strategies added another 494,200 HYPE worth $45.8 million as the token traded near record highs. Meanwhile, whale unstaking and Multicoin Capital’s Coinbase Prime transfers have placed more than $100 million in HYPE in positions where the tokens could become transferable.

Hyperliquid Strategies Buys $45.8M in HYPE

TL;DR: A Hyperliquid Strategies-linked wallet bought 494,200 HYPE worth $45.8 million, extending one month of accumulation to 5.51 million tokens valued near $476 million. The company now holds about 35.1 million HYPE worth $3.2 billion after reporting $305.5 million in fiscal 2026 net income and $709.9 million in unrealized gains. HYPE has risen roughly 280% ...