Gray address purchased over 510k HYPE tokens and staked them, approximately $24.95 million.

BlockBeats news. On May 21, according to Lookonchain monitoring, Grayscale is buying HYPE. It has submitted an S-1 registration application for the HYPE ETF this January.

Over the past week, two wallets related to Grayscale bought a total of 510,387 HYPE (approximately $24.95 million) and have staked them.

HYPE8.13%
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MosaicBowtieRealm
· 11h ago
How much are the staking rewards? Has anyone who understands crypto calculated it?
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GateUser-8947c5ff
· 19h ago
Let's wait until the ETF is officially approved before looking again. For now, just observe.
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QueueJumper
· 20h ago
Has S-1 passed? What is the current progress?
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GateUser-23bf1070
· 20h ago
The news came out but didn't cause a surge, is the market this calm?
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LateBlockLarry
· 21h ago
Gray has been taking frequent actions this year.
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GlitchOrchard
· 21h ago
Do you have a wallet address? I want to check it out on the blockchain.
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OwlChainViewer
· 21h ago
510k tokens, this position isn't small
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AirdropSidequest
· 21h ago
24.95 million dollars staked without moving, institutional strategies are just stable
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OldKeys,NewWorld
· 21h ago
Institutions are buying the dip, retail investors are still hesitating
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SilverLiningOfPessimism
· 21h ago
HYPE ecosystem has indeed been making efforts recently
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