A Hyperliquid Strategies-linked wallet bought 494,200 HYPE worth $45.8 million, extending one month of accumulation to 5.51 million tokens valued near $476 million. The company now holds about 35.1 million HYPE worth $3.2 billion after reporting $305.5 million in fiscal 2026 net income and $709.9 million in unrealized gains.
Trading began Sept. 24 in three pairs.
HYPE whale accumulation and exchange outflows strengthened demand as Binance expanded the token's market access.
The position has nearly $16 million in unrealized profit, while the address has recorded about $58 million in cumulative profits over three years.
The address holds a roughly $29.7 million NEAR long opened near $2.35 with 10x leverage.
Binance commenced spot market trading for Hyperliquid's native HYPE token on September 24. The trading session launched at 11:00 UTC, introducing three distinct trading pairs to the platform.
DoubleZero has launched a dedicated fiber market data feed for Hyperliquid, giving pro desks the DEX's full order book outside the public APIs.
Hyperliquid Strategies has bought another 494,200 HYPE worth $45.8 million as the company continues to build its treasury while large holders move millions of dollars worth of the token toward potential sale. Lookonchain reported on Sept.
The wallet accumulated 5.51 million HYPE worth $476 million over the past month, while Hyperliquid Strategies Inc. holds 35.1 million HYPE.
Bitwise Hyperliquid ETF was the only fund to report an inflow on Sept. 24, lifting its cumulative total to $149 million.
Combined TVL was $7.402 billion when accessed Sept. 25, while 30-day fees reached $76.13 million and protocol revenue totaled $59.33 million.
Hyperliquid's growth highlights DeFi's expanding influence, with potential institutional interest and market recalibrations shaping future prospects. Hyperliquid surpasses $7B in TVL, signaling strong growth potential.