In a fresh on-chain update, Onchain Lens, a service that monitors blockchain wallet activity, reported that Bitwise purchased 28,085.8 HYPE tokens from Nonco. The trade was made on behalf of Bitwise's ETF clients, and the total value came to roughly $1.52 million. Following the purchase, the tokens were transferred to Bitwise's BHYP wallet, which is recorded on-chain with the partially abbreviated address 0x22B9...90b5. Onchain Lens published the wallet flow through its monitoring data, identifying the buyer, the seller and the destination address. The transfer covers all 28,085.8 HYPE bought in the deal, and the receiving wallet is labeled BHYP. Bitwise acted as the buyer in the transaction, while Nonco was the counterparty providing the tokens. The amount is around 28,000 HYPE, precisely 28,085.8, and the dollar value is approximately $1.52 million. Onchain Lens flagged the movement, which is visible on-chain and points to Bitwise's BHYP wallet. The on-chain record shows the HYPE tokens at the BHYP address following the transfer.
Onchain Lens, the blockchain monitoring platform, spotted a transaction where Bitwise bought 28,085.8 HYPE from Nonco. The buy was made for the firm’s ETF clients and was worth about $1.52 million.
Once the purchase cleared, the tokens were sent to Bitwise’s BHYP wallet. The receiving address shows up on-chain as 0x22B9...90b5.
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