Anchorage's associated address withdrew 85,000 HYPE tokens from Bybit, and has cumulatively purchased over $100 million worth of HYPE tokens in the past month.

CoinFeed reported on May 19th that, according to Onchain Lens, a wallet associated with Anchorage withdrew 85,226 HYPE tokens from Bybit, worth approximately $4.08 million. In the past month, this address has cumulatively purchased 2.22 million HYPE tokens, amounting to approximately $105.8 million.