Sep 11, 2026, 3:00 PM3 views

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

Hyperliquid Strategies added 365,000 HYPE worth $29.65M in a day. With HYPE at $79.38, the firm's $83.40 average cost basis is underwater.

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, which buys HYPE on the open market. That is a structural bid independent of anything the treasury company does, and it has already absorbed $1.16 billion in buybacks during 2026.Lead Outlet

the ‘Assistance Fund’

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on Sept. 10 after a hot U.S. producer price index (PPI) print, and HYPE’s 5.78% daily slide is part of that risk-off move rather than anything specific to the company.

$562 million in liquidations

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Reported by Shiraz Jagati · Syndicated via official news feed

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