An address suspected to belong to Hyperliquid Strategies Inc. is actively accumulating and staking HYPE tokens. On September 11, the address staked an additional 365,000 HYPE tokens. This specific transaction is valued at approximately $29.65 million.
The address has staked a total of 3.029 million HYPE over the past 15 days. These tokens hold a market value of roughly $252 million.
As of September 10, the company reportedly holds 31.8 million HYPE tokens. The total value of these holdings is approximately $2.513 billion. These on-chain movements signal a strategy to increase exposure to the native token of the Hyperliquid ecosystem.