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Hyperion DeFi Boosts HYPE Token Holdings to 175 Million

Hyperion DeFi Boosts HYPE Token Holdings to 175 Million

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by Rajesh Kumar

2 days ago

Hyperion DeFi, formerly known as Eyenovia, has made headlines with a significant boost in its HYPE token holdings, signaling a strategic shift in its operational focus, as emphasized in the official statement.

Hyperion DeFi Increases HYPE Token Holdings

The company has confirmed that it now holds approximately 175 million HYPE tokens, a substantial increase that reflects its commitment to the Hyperliquid ecosystem. This latest acquisition includes 42,052.14 HYPE tokens, which were purchased at an average price of 463.43 per token.

Strategic Move for On-Chain Governance

This strategic move is aimed at enhancing Hyperion DeFi's participation in on-chain governance, a critical aspect of decentralized finance. Analysts believe that this increase in holdings could have a notable impact on the market position and overall utility of HYPE tokens, potentially influencing investor sentiment and market dynamics.

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