
Bitwise has purchased 112,158 tokens of Hyperliquid from FalconX in a single transaction worth $8.18 million.
The acquisition comes amid strong upward momentum in the token, which has gained more than 6% over the past 24 hours and recently reached a new all-time high of $73.73.
Driven by this rally, Hyperliquid has also overtaken Dogecoin in market capitalization, climbing into the ninth spot among global cryptocurrencies.
Source: Onchain Lens