Bitwise deposits and stakes 1.775 million HYPE tokens worth $114 million on Hyperliquid

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Bitwise deposited and staked 1.775 million HYPE tokens, worth $114 million, on Hyperliquid, according to on-chain data from Lookonchain. The transaction occurred eight hours ago and was first reported by Odaily. This move is featured in the latest crypto news as major players continue to allocate capital across decentralized platforms.

Odaily Planet Daily reports, according to Lookonchain monitoring, 8 hours ago, Bitwise (0x1Ab...2e3) deposited 1.775 million HYPE tokens into Hyperliquid and staked them, valued at $114 million.

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