Hyperliquid Strategies reveals $1.9 billion in HYPE reserves, PURR up 15%

According to The Block, the Hyperliquid ecological token PURR has risen by about 15%. Hyperliquid Strategies announced that the reserve value of HYPE token has reached $1.9 billion, and invested $773.4 million to increase holdings of 16.5 million HYPE tokens, with an average purchase price of $46.77.