Odaily Planet Daily reports, according to on-chain analyst Ai Yi, Multicoin Capital appears to have sold 1.725 million HYPE tokens worth $133 million since July 28, with an estimated profit of $77.15 million. Its most recent deposit occurred nine hours ago at a cost basis of approximately $32.32, with an average deposit price of $77.03; it currently holds $60.29 million worth of HYPE on-chain.
Multicoin Capital allegedly sells 1.725 million HYPE tokens, with an expected profit of $77.15 million.
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Summary
Multicoin Capital is reported to have sold 1.725 million HYPE tokens since July 28, valued at $133 million, with an expected profit of $77.15 million. The latest on-chain data shows a deposit 9 hours ago at $32.32, with an average purchase price of $77.03. The firm still holds $60.29 million worth of HYPE. Crypto price news indicates ongoing volatility, with the token’s value experiencing sharp fluctuations. On-chain data suggests significant activity, drawing attention from traders and analysts.
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