According to Arkham monitoring, the address related to Bitwise's Hyperliquid ETF BHYP purchased approximately $10.5 million worth of HYPE on Friday after four consecutive days of no HYPE purchases. This marks the largest single-day purchase since August 27, when $23.2 million worth of HYPE was bought. Since its launch, Bitwise has accumulated approximately $166.3 million worth of HYPE, making it the largest HYPE ETF to date.