Multicoin Capital and Bitwise deposit 159,563 HYPE to Coinbase, worth $8.74M

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On-chain data reveals that Multicoin Capital and Bitwise deposited a total of 159,563 HYPE into Coinbase-related addresses on July 30, amounting to $8.74 million. Multicoin Capital transferred 137,100 HYPE ($7.51 million) to Coinbase Prime, while Bitwise moved 22,463 HYPE ($1.23 million) to Coinbase. According to Chainthink, the transfers occurred within a 12-hour window. This crypto news underscores recent activity in the token project space.

ChainThink reports that, as monitored by OnchainDataNerd, over the past 12 hours, Multicoin Capital and Bitwise collectively transferred 159,563 HYPE tokens to Coinbase-related addresses, valued at approximately $8.74 million.

Among them, Multicoin Capital deposited 137,100 HYPE tokens, valued at approximately $7.51 million, into Coinbase Prime;

Bitwise deposited 22,463 HYPE tokens, worth approximately $1.23 million, into Coinbase.

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