HYPE Token Nears All-Time High on Bitwise Buying and Whale Withdrawal
Hyperliquid's HYPE token has reached near all-time highs, nearing $87.17 on September 6, 2026, according to CoinGecko data.
The four-day buying pause by Bitwise for its Bitwise HYPE ETF has ended, with the company purchasing a large sum of $10.5 million in the token.
This move, combined with a whale withdrawing millions from exchanges and another batch of tokens being burned, has contributed to the token's price surge.