- Arthur Hayes has bought another 26,022 HYPE for roughly $1.1 million, his first purchase of the token in nearly three months.
- The new buy takes his HYPE holdings to about 247,334 tokens worth roughly $10.44 million, while Bitwise continues advancing its Hyperliquid ETF filing.
Arthur Hayes is back buying HYPE. According to Lookonchain, the former BitMEX chief added another 26,022 HYPE on Thursday, spending about $1.1 million in what marks his first fresh purchase of the token in nearly three months. The trade pushes his total position to 247,334 HYPE, valued at roughly $10.44 million, with unrealized gains now said to be above $2.5 million.
Hayes returns to HYPE after a three-month pause
The timing is notable. Hayes has been closely watched for years because his trades, especially in higher-beta crypto assets, often land as both signal and speculation magnet. A renewed buy after a fairly long pause is likely to be read as conviction rather than casual rebalancing.
Onchain data cited in the market update shows the latest transfer involved 26,022.42 HYPE at a price of about $42.25 per token. That is not a trivial add-on. It is a meaningful increase to an already large position.
For Hyperliquid, the optics matter. HYPE has been one of the stronger names in crypto over the past year, helped by the protocol’s growing profile in perpetual futures and broader onchain trading infrastructure. Hayes adding again only sharpens that market narrative.
ETF momentum gives the trade another layer
The purchase also comes as Bitwise edges closer to launching a Hyperliquid ETF. That filing process is still not complete, but the recent addition of a ticker and management fee in Bitwise’s amended paperwork has fueled expectations that a launch may not be far off.
That gives Hayes’ move a broader context. It is not just a whale buying into strength. It is a whale increasing exposure while a potential ETF wrapper is starting to look more tangible.
In crypto, that combination tends to matter. A high-profile buyer can move sentiment for a day. A possible ETF can change the investor base entirely. With both now in play, HYPE is starting to look less like a niche protocol token and more like an asset the market expects to keep climbing the institutional ladder.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Whale Purchases 4.5M LDO Worth $1.86M via OTC Following Lido Buyback Launch
Lido's LDO buyback program prompted a significant purchase of 4.5 million LDO tokens by a whale for $1.86 million, alongside 10,000 AAVE tokens for $1.15 million, sourced from Wintermute and FalconX, respectively.
GateNews3h ago
Nexters and Velop's Chaos W Surpasses 470K Pre-registrations Ahead of Q2 Launch
Nexters and Velop announced that their mobile MMORPG Chaos W has achieved over 470k pre-registrations ahead of its Q2 2026 launch. The game's hybrid model combines RTS and RPG elements, utilizing a fixed supply economy and accessible pre-registration via Telegram, aiming for global market growth.
GateNews5h ago
JST Token Burn Reaches 1.35 Billion Tokens, Representing 13.70% of Total Supply
JST's buyback and burn program has successfully burned 1.35 billion tokens, or 13.70% of its supply, valued at $60.03 million. The initiative, completed in three phases, creates a self-sustaining deflationary cycle using protocol revenues.
GateNews5h ago
LeverFi(LEVER) will be delisted on Gate on April 18; users need to withdraw it before April 21 and swap it themselves for Sedunia(SED)
Gate News message, according to an announcement from the LeverFi project team, the LeverFi (LEVER) token will soon be swapped for a new Sedunia (SED) token.
Gate will delist the LeverFi (LEVER) trading service on April 18, 2026 at 11:00 (UTC+8), including the LEVER_USDT spot trading pair and quantitative grid. At the same time, Gate has suspended deposits for LEVER. Users need to complete the token swap themselves via the channels specified by the project team; it is recommended to withdraw LEVER tokens to your personal wallet before April 21.
Any ongoing LEVER quantitative trading strategies must be adjusted in advance, otherwise they will be forcibly stopped before the delisting.
GateAnnouncement5h ago
Shiba Inu Price Analysis: Layer 3 Innovation and Bullish Momentum Ahead
Shiba Inu shows recovery signs with key support holding and rising trading volume.
Shibarium and Layer-3 upgrades strengthen utility, privacy, and ecosystem expansion across the network.
Burn mechanisms and government-linked holdings add attention and long-term market interest.
Shiba Inu
CryptoNewsLand6h ago
SBI Holdings Launches 10 Billion Yen Blockchain Bond With XRP Rewards
SBI Holdings has launched SBI START Bonds, a 10 billion yen blockchain-based bond program for retail investors, offering interest payments and XRP token rewards. The initiative highlights SBI's partnership with Ripple and aims to integrate digital assets into traditional finance.
GateNews7h ago
