Hyper has accumulated a long position in Ethereum (ETH) valued at $10.34 million, cementing its status as the second-largest holder of ETH futures contracts. This significant investment demonstrates institutional confidence in Ethereum’s medium-term growth trajectory amid favorable market trends.
Market analysts highlight that Hyper’s strategic accumulation aligns with broader institutional positioning favoring Ethereum. Observers are advised to monitor the growth of this position closely, given its potential influence on market liquidity and ETH price action in derivatives markets.