Hyperliquid Strategies Amasses ¥78.6 Billion in HYPE Purchases Over Past Month

Nasdaq-listed Hyperliquid Strategies has continued its aggressive purchasing of HYPE tokens, buying an additional ¥7 billion worth over the past 16 hours. The cumulative purchase volume over the past month now stands at approximately ¥78.6 billion ($500 million), with a daily average of 183,574 HYPE.

The company's associated wallet holds around 35.1 million HYPE as of September 24, and Hyperliquid's protocol is designed to allocate 97% of trading fees towards continuous HYPE purchases, supporting token demand.