$HYPE
HYPEUSDT
Perp
29.71
+0.76%
🤯🚨 Nasdaq-Listed Hyperliquid (DAT) Buys $25 Million in HYPE
Big move from Hyperliquid.
The company just purchased 5 million HYPE tokens at an average price of $25.9, adding up to a $25M position.
However, it also reported a $317.9 million net loss due to unrealized token declines — a reminder of how volatile this market can be.
Despite that, liquidity isn’t an issue:
💰 $125 million in cash
🏦 $1 billion equity credit line
Smart money positioning? Or high-risk conviction play?
Stay sharp. Follow the capital.