Bitwise Buys $2.4M Worth of Hyperliquid (HYPE) as Token Nears Record High

Bitwise has acquired 33,600 HYPE tokens worth approximately $2.4 million from Wintermute, as the token continues to show strong market momentum.

The purchase coincides with a 4% gain in HYPE over the past 24 hours, pushing its price near the all-time high of $76.87, reached on June 16, 2026.