Hyperliquid Strategies recently acquired 1.444 million HYPE tokens for about $135 million, increasing its total holdings to roughly 35.1 million tokens valued at $3.206 billion. The average purchase price was $93.70 per token, while the estimated average acquisition cost is $46.70, resulting in an unrealized gain of approximately $1.567 billion. This accumulation strategy has added about 3.3 million tokens over the past two weeks, reflecting strong confidence in the asset's value. The company's market value is $2.758 billion, which is lower than the value of its HYPE treasury, indicating a market-value-to-net-asset-value ratio of about 0.86.
HYPE trades at Rp1.626.396 on Pluang as of Sep 24, 2026 19:02 WIB, down 3.99% in the last day. The token's market cap stands at Rp405.97 trillion with a 24-hour volume of Rp22.54 trillion, showing active trading despite recent price drops. This market activity provides context to Hyperliquid Strategies' recent large acquisition of 1.444 million HYPE tokens valued at $135 million, highlighting ongoing investor interest in HYPE.
Bitcoin experienced two pullbacks from its September 23 high, leading to a more than 20% contraction in open interest across Bitcoin, Ether, HYPE, and ZEC. This indicates a significant deleveraging phase in the derivatives market, with funding rates ...
The Hyperliquid (HYPE) token surged to a new yearly peak above $97, driven by a major investor buying $36 million worth of tokens, raising their holdings to about $400 million. The platform's ongoing token burn program has destroyed over 48.86 millio...
Multicoin Capital has transferred an additional 130,331 HYPE tokens worth $12.15 million to Coinbase Prime, bringing its total deposits since July 28 to 4.23 million tokens valued at approximately $285 million. These transfers to the institutional pl...
David Hoffman, co-founder of Bankless, sold his Ether (ETH) holdings in May and invested in tokens VVV, NEAR, ZEC, HYPE, and LIT in June. These tokens have outperformed Ether, with LIT rising about 293%, NEAR 223%, ZEC 173%, and HYPE 106%. Hoffman co...
Hyperliquid has permanently removed 48.89 million HYPE tokens from its maximum supply, reducing the total available tokens by 4.89%. This follows a recent buyback where the protocol purchased and burned 34,280 HYPE tokens at an average price of $95.2...
