Grayscale Associated Address Buys Over 510,000 HYPE Tokens and Stakes Approximately $24.95 Million

Grayscale Associated Address Buys Over 510,000 HYPE Tokens and Stakes Approximately $24.95 Million

BlockBeats

BlockBeats2026/05/21 01:30

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BlockBeats News, May 21st, according to LookIntoChain's monitoring, Grayscale is buying HYPE. It submitted an S-1 registration for the HYPE ETF in January this year.

Over the past week, two wallets associated with Grayscale have collectively bought 510,387 HYPE tokens (approximately $24.95 million) and have staked them.

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