Hyperliquid Strategies holds 237 million HYPE tokens with a floating profit of 1.1 billion

Artemis, an on chain data analysis platform, shows that Hyperliquid Strategies holds approximately 237 million HYPEs, despite the token falling from its historical high of over $74 this week, achieving a floating profit of over $1.1 billion. Hyperion DeFi holds approximately 2 million HYPEs with a floating profit of around $35 million.