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Bitwise purchases 162,367 HYPE tokens worth $10.11 million in two hours

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Bitwise made a $10.11M on-chain move, purchasing 162,367 HYPE tokens within two hours, according to Lookonchain on X. As of May 21, 2026, the firm holds 723,361 HYPE tokens, valued at $40.37M, per its official website. The purchase underscores continued crypto activity from major institutional players.

Odaily Planet Daily reports: Lookonchain posted on X that Bitwise purchased another 162,367 HYPE tokens in the past two hours, valued at $10.11 million.

According to Bitwise's official website, as of May 21, 2026, Bitwise holds 723,361 HYPE tokens, valued at $40.37 million.

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