Nasdaq’s Biggest HYPE Holder Just Bought $29M More Tokens at a Loss

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Nasdaq’s Biggest HYPE Holder Just Bought $29M More Tokens at a LossWorldPing
Image via Bitcoin.com.

What happened

Hyperliquid Strategies stacked another 365,000 HYPE worth $29.65 million in 24 hours, at an average cost basis that now sits above the token’s market price.

A Look at The Wallet’s Movements An address attributed to Hyperliquid Strategies Inc.

Key facts

  • Hyperliquid Strategies stacked another 365,000 HYPE worth $29.65 million in 24 hours, at an average cost basis that now sits above the token’s market price.
  • Reported by Bitcoin.com and published Fri, 11 Sep 2026 09:30:31 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

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  2. Nasdaq’s Biggest HYPE Holder Just Bought $29M More Tokens at a Loss

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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