According to Lookonchain, wallets linked to Grayscale bought and staked HYPE over the past week, with a newer update stating that an additional 115,733 HYPE acquired in the past hour lifted the seven-day total to 682,190 HYPE. The older report said two Grayscale-linked wallets had accumulated and staked 510,387 HYPE worth about $24.95 million, and the newer update indicates continued accumulation beyond that figure. The activity follows Grayscale’s January S-1 registration statement for a HYPE ETF. While the source does not provide purchase prices for the latest tranche, trading venue details, wallet addresses, or a statement from Grayscale, the combination of accumulation, staking, and the ETF filing has drawn attention to Grayscale’s growing involvement with HYPE.