Bitwise: Buys 336K HYPE Tokens for $24.43M

Bitwise acquired another 336,474 HYPE tokens worth $24.43 million in the past 12 hours, extending its aggressive accumulation streak over the last year.

Institutional flows like this continue to shape HYPE price prediction scenarios while crypto institutional buying accelerates across major tokens.

Price action on the 4h chart shows HYPE at $72.48 respecting the EMA50 support at $64.16 with MACD golden cross intact, though the token now tests upper Bollinger resistance at $74.61 and may consolidate before the next leg higher.