Hyperliquid Strategies Buys 600K HYPE Tokens Worth $40.6M in Past 7 Days

HYPE7.14%
According to ChainCatcher, Hyperliquid Strategies (ticker: PURR), an institutional crypto asset manager focused on the Hyperliquid ecosystem, purchased 600,000 HYPE tokens over the past 7 days, valued at approximately $40.6 million at current market prices. The institution deployed $36 million in cash reserves for this purchase and currently maintains $149.4 million in total cash reserves.
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