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HYPE Soars on Institutional Demand and Whale Buying Ahead of Token Unlock

Guavy AI Editorial Team
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HYPE's price has reached $86.75 on September 4, 2026, just 1.5% shy of its all-time high of $88.06.

The token's recent surge is driven by a confluence of factors, including its inclusion in Hashdex's Nasdaq CME Crypto Index US ETF (NCIQ) and significant whale accumulation.

The addition to the ETF has opened a fresh channel for institutional capital inflows into HYPE, with trading volume surging to 4.65 times its 30-day average on September 3 and remaining elevated on September 4.

Whale activity is also playing a crucial role, with reports of a single whale wallet purchasing 430,224 HYPE tokens valued at $35.1 million.

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