Hyperliquid Strategies has accumulated 3–3.2M HYPE tokens (~$272M) since August 25, positioning as a major holder.

DeFi & Yields · 2026-09-04

Hyperliquid Strategies has accumulated between 3M and 3.2M HYPE tokens valued at approximately $272M since beginning purchases on August 25, with their cost basis lower than current prices due to HYPE's appreciation during the accumulation period.

Previously on Telem

Spot Bitcoin ETFs record $101 million inflows on September 2 2026-09-03
ARK researcher compares Ethereum, Solana, Hyperliquid value-capture models 2026-09-03
HYPE token added to Hashdex crypto ETF with 3.4% weighting 2026-09-02
Whale stakes $41M HYPE position after 139% five-month gain 2026-08-31
Crypto projects buy back $638M in native tokens year-to-date 2026-08-31