Crypto World News reported that, based on monitoring by onchain lens, Bitwise has cumulatively bought 1.03741 million HYPE tokens worth approximately $62.92 million. Of these, Bitwise bought 183.162k HYPE tokens from Coinbase and Cumberland worth approximately $11.31 million. As of May 25, Bitwise’s cumulative purchase has reached 1.03741 million HYPE tokens.

HYPE0.49%
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GaslightLatte
· 3h ago
Is this data public? Onchain Lens monitoring is quite detailed.
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TvlAt3A.m.
· 05-27 14:55
Wait, isn't this news a bit outdated? The data is from May 25th.
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BlueMultisig
· 05-27 14:54
Purchasing from Coinbase and Cumberland, the channels are quite legitimate.
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TheWindBeneathTheCyberBridge
· 05-27 14:52
Is HYPE originally included in the Bitwise DeFi index?
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GateUser-953e1a14
· 05-27 14:52
Institutions buy, and it's their business whether retail investors follow or not.
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BridgeWhisperer
· 05-27 14:52
1.03 million tokens, this position isn't small.
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SlippageSamurai
· 05-27 14:52
Institutions are starting to build positions in HYPE, a trend indicator
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