A wallet linked to Arthur Hayes deposited 115,453 HYPE worth $6.33M into Bybit after he publicly called for a $150 price target.

Grayscale-linked wallets bought 115,733 HYPE tokens worth $6.6M in one hour, accumulating over 680,000 HYPE ($35M) in a week ahead of a potential spot ETF.

Of note, Grayscale-linked wallets reportedly accumulated over $40 million worth of HYPE over the past week.