Bitwise Invests Heavily in HYPE Token: Market Trends and Future Prospects

Bitwise, a prominent ETF issuer, has made significant investments in Hyperliquid‘s HYPE token, with purchases exceeding $5 million recently. Despite a substantial 14% decline in the token’s price over the last month, Bitwise remains steadfast, maintaining its holdings since July and demonstrating a substantial overall increase of 118% in HYPE’s value this year.

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