Bitwise has purchased over 1.03 million HYPE tokens, with a total value of nearly $63 million.

CoinFeed reported on May 27 that, according to Onchain Lens monitoring, asset management firm Bitwise Asset Management recently purchased 183,162 HYPE tokens from Coinbase and Cumberland, worth approximately $11.31 million. As of May 25, Bitwise had cumulatively purchased 1,037,410 HYPE tokens, with a total value of approximately $62.92 million.