PANews, June 6: According to The Block, citing Artemis data, Strategy, Bitmine, and other major digital asset management firms have incurred losses as cryptocurrency prices continue to decline. Hyperliquid’s asset management firm is currently the only one still holding unrealized gains. Nasdaq-listed Hyperliquid Strategies (PURR), the largest asset manager, holds approximately 23.7 million HYPE tokens, with unrealized gains exceeding $1.1 billion. Another major holder, Hyperion DeFi, holds 2 million HYPE tokens, representing approximately $35 million in unrealized profits.
Hyperliquid Strategies Holds Over $1.1 Billion in Unrealized Gains Amid Crypto Price Declines
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Summary
Amid recent crypto price declines, Hyperliquid Strategies (PURR) holds over $1.1 billion in unrealized gains from 23.7 million HYPE tokens. Most digital asset managers, including Strategy and Bitmine, report losses due to ongoing crypto price movements. Hyperion DeFi, another major holder, holds 2 million HYPE tokens with unrealized profits of approximately $35 million.
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