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Bitwise BHYP sends $6.7M in HYPE to Coinbase

September 15, 2026, 12:33 AM
An address believed to be linked to Bitwise’s BHYP, a spot ETF tied to Hyperliquid’s HYPE, deposited 84,320 HYPE worth $6.71 million into Coinbase six hours ago, according to Onchain Lens. Exchange deposits are typically interpreted as a sign of potential selling.

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