ChainCatcher report: On-chain data platform Arkham posted that Bitwise’s BHYP clients did not purchase any HYPE for four consecutive days. On Friday, they bought $10.5 million, the largest single-day purchase since acquiring $23.2 million on August 27. Arkham noted that Bitwise has accumulated a total of $166.3 million in HYPE since its launch, making it the largest HYPE ETF to date.
Bitwise BHYP makes the largest single-day HYPE purchase of $10.5M
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Summary
On-chain data shows that Bitwise's BHYP client purchased $10.5 million worth of HYPE on Friday, the largest single-day buy since a $23.2 million transaction on August 27. This purchase ended four consecutive days without any HYPE purchases by BHYP. Arkham data reveals that Bitwise has accumulated $166.3 million in HYPE purchases since its launch, making it the largest HYPE ETF purchase to date.
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