Two Grayscale-linked addresses acquire $24.95M in HYPE over two weeks

According to Lookonchain, two addresses linked to Grayscale have purchased and staked 510,387 HYPE, valued at $24.95 million, over the past two weeks. Grayscale has previously filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot HYPE exchange-traded fund (ETF).