gray-related wallet bought and staked $24.95 million worth of HYPE in the past week

Odaily reported that according to Lookonchain monitoring, over the past week, two wallets associated with Grayscale purchased a total of 510,387 HYPE tokens, valued at approximately $24.95 million, and have completed staking.

Previously, Grayscale had submitted the S-1 registration statement for the HYPE ETF in January this year.