Bitwise Offloads 117,900 HYPE Tokens Valued at $7.05M

Bitwise executes significant HYPE token sale totaling 117,900 units worth $7.05M, indicating continued institutional distribution pressure on the asset.

Woofun AI data shows that Bitwise has disposed of 117,917 HYPE tokens, a transaction valued at approximately $7.05 million. This movement reflects ongoing selling activity by the asset manager within the HYPE market.