Back to News
SourceBlockbeats

Grayscale-linked addresses purchased and staked over 510,000 HYPE tokens, amounting to approximately $24.95 million.

According to BlockBeats, on May 21st, Lookonchain monitored Grayscale's activity in purchasing HYPE. Grayscale submitted its S-1 registration application for a HYPE ETF in January of this year. Over the past week, two wallets associated with Grayscale have purchased a total of 510,387 HYPE tokens (approximately $24.95 million) and have already staked them.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

Related

07-03 10:33

Two wallets associated with Paradigm staked 1 million HYPE tokens, worth $66.75 million.

PANews reported on July 3 that, according to Onchain Lens monitoring, two wallets associated with Paradigm have staked 1 million HYPE tokens, worth $66.75 million.

07-07 19:58

Bitwise bought 33,600 HYPE tokens, worth $2.4 million.

According to Odaily Lens, Bitwise purchased 33,600 HYPE tokens from Wintertermute, worth $2.4 million.

07-03 17:58

Hyperliquid Strategies bought approximately $40.6 million worth of HYPE tokens, adding 600,000 tokens in 7 days.

According to Odaily Odaily, Hyperliquid Strategies (ticker symbol PURR), a digital asset treasury company focused on the HYPE ecosystem, has purchased 600,000 HYPE tokens in the past seven days, with a total value of approximately $40.6 million based on the current market price. This purchase utilized $36 million of its cash reserves, bringing the company's current cash reserves to $149.4 million. The company's adjusted net asset value per share (mNAV) is currently close to or even below 1, therefore no new shares have been issued, and this purchase was entirely completed using its own cash.

06-28 10:08

Machi Big Brother sold 34 BAYC tokens, incurring a loss of $631,000; his Hyperliquid long positions were liquidated again.

According to Foresight News and Lookonchain monitoring, "Machi Big Brother" sold 34 BAYC tokens in the past month, obtaining 326 ETH (approximately $514,000), resulting in a loss of 399 ETH (approximately $631,000). Bored Ape #6057, who purchased the tokens four years ago for 76.84 ETH, sold them for 7.65 ETH, incurring a 90% loss. During the same period, his long ETH positions on Hyperliquid were repeatedly liquidated, with the latest liquidation occurring three hours ago, reducing his account balance to $81,000.

07-08 18:45

FalconX withdrew 73,900 HYPE tokens from Gate in the past 7 minutes, equivalent to approximately $5.03 million.

According to BlockBeats, on July 8th, Onchain Lens monitoring showed that FalconX withdrew 73,900 HYPE tokens from Gate in the past 7 minutes, worth approximately $5.03 million.

07-06 18:22

GMX: Since March, a total of 313,650 GMX tokens have been repurchased at an average price of $6.27, for a total value of $1.965 million.

According to Odaily Odaily, GMX announced on the X platform that the GMX DAO repurchased 23,280 GMX tokens between June 24th and 30th at an average price of approximately $5.37, for a total value of approximately $125,000. Since its launch on March 5th, the repurchase program has cumulatively repurchased 313,650 GMX tokens, with a total value of approximately $1,965,000 and an average price of approximately $6.27. In the second quarter of 2026, GMX DAO repurchased a total of 228,030 GMX tokens, with a total value of approximately US$1.41 million and an average price of approximately US$6.18.