$476 Million in HYPE Purchases Linked to Hyperliquid Strategies

A wallet linked to Hyperliquid Strategies has been making significant purchases of HYPE over the past month, according to on-chain tracking platform Lookonchain.

The wallet, starting with 0x6436, bought a total of 5.51 million HYPE in one month, with an average daily purchase of approximately $15.86 million.

In the last 16 hours, the wallet made another 494,200 HYPE purchases worth $45.8 million, bringing the total to $476 million over the past month.