Wu says that, according to Lookonchain monitoring, Bitwise has purchased another 162,367 HYPE tokens in the past 2 hours, worth approximately $10.11 million.


Data from the official Bitwise website shows that, as of May 21, 2026, they hold 723,361 HYPE tokens, valued at about $40.37 million.
HYPE2.6%
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PeacockSpreadsItsFeathersBut
· 21h ago
Total holdings of 40.37 million dollars; at this pace, the next announcement will have to break 100 million.
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GateUser-715706bb
· 22h ago
If Hyperliquid's TVL and trading volume can keep up, the future cost price looks really promising.
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TakeAScreenshotBefore
· 22h ago
Institutions continue to accumulate, retail investors are still waiting for a pullback, a classic script
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KiteRerouter
· 22h ago
From the position structure, Bitwise is clearly betting on the on-chain derivatives track, and HYPE's valuation logic needs to be re-evaluated.
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BlocktimeBarista
· 22h ago
723k HYPE tokens, this position is no longer just a test; it's a genuine confidence in the Hyperliquid ecosystem.
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BlueberryStakingMachine
· 22h ago
Bitwise's speed—making 10 million in two hours—institutional FOMO is confirmed.
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