Hyperliquid Strategies, a US-listed company, has accumulated approximately $67.6 million worth of HYPE tokens since early December. According to on-chain monitoring by Mlm, the firm purchased a total of 3,071,560 HYPE tokens, with about half acquired directly from the Hyperliquid team wallet via over-the-counter transactions. These transactions were executed by Flowdesk, though the figures remain estimates based on on-chain data and are not officially confirmed.