According to Odaily, Bitwise has recently been buying Hyperliquid (HYPE) tokens and has not sold any HYPE since last month. The report notes that since August, Bitwise has only executed buy operations for HYPE. Data show that clients of Bitwise's HYPE ETF purchased more than $5 million worth of HYPE in the past week. Bitwise previously launched investment products for Hyperliquid, allowing institutional investors to gain exposure to HYPE. No HYPE sales have been recorded by Bitwise since last month, and all of its HYPE activity since August has been on the buy side.
Bitwise has been buying Hyperliquid (HYPE) tokens over recent weeks and has not sold any HYPE since last month, according to Odaily. Since August, the firm has only carried out buy operations for HYPE.
Data show that clients of Bitwise's HYPE ETF bought more than $5 million worth of HYPE in the past week. Bitwise had previously launched investment products tied to Hyperliquid, offering institutional investors exposure to HYPE.
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