Bitwise's BHYP ETF transfers another 39,300 HYPE tokens to Coinbase

TechFlow reports, July 28, according to Onchain Lens monitoring, Bitwise's BHYP Hyperliquid ETF transferred another 39,300 HYPE to Coinbase about an hour ago, worth approximately $2.13 million.

Over the past few weeks, the fund has cumulatively transferred 280,700 HYPE to Coinbase through multiple transactions, worth approximately $17.35 million. Currently, the fund still holds 354,000 HYPE, worth approximately $19.25 million, with another approximately $34.62 million worth of HYPE staked on Hyperliquid.