Arthur Hayes Goes All-In on HYPE token, “Only Thing We’re Buying”

BitMEX co-founder Arthur Hayes said he is currently buying only Hyperliquid’s HYPE token

But it’s not just Arthur Hayes buying HYPE. The Hyperliquid Assistance Fund also bought 39,000 HYPE for $1.4 million at around $36.88.

On April 7, 2026, the fund holds 42.99 million HYPE, purchased for about $1.04 billion, with an average price of about $24.3. This is part of Hyperliquid’s buyback and burn plan.

At the same time, HyperCore continues to buy HYPE in small amounts, usually between $1.5M and $1.7M.

However, big whales are also joining in. One whale, “yeti.hl,” bought 58,884 HYPE worth $2.19M at around $37.21 per token.

HYPE Token Jumps 9%, Up Nearly 60% This Year

Following Hayes’ statement, the HYPE token recorded a sharp price move. The token is currently trading around $39, up nearly 9% in the past 24 hours.

The token has also seen strong performance over a longer period. Since the start of the year, HYPE is up nearly 60%, making it one of the top performers in the derivatives space.

Hayes’ support brought more attention. As trading volume quickly jumped by 75%, reaching around $320 million in just 24 hours.

This rise shows growing use and higher activity on Hyperliquid.

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