According to Mars Finance, on July 30, OnchainDataNerd reported that over the past 12 hours, Multicoin Capital deposited 137,100 HYPE tokens into Coinbase Prime, valued at approximately $7.51 million; Bitwise deposited 22,463 HYPE tokens into Coinbase, valued at approximately $1.23 million. Together, the two institutions transferred a total of 159,563 HYPE tokens, worth approximately $8.74 million, with all funds directed to Coinbase.
Multicoin Capital and Bitwise deposit nearly 160,000 HYPE into Coinbase within 12 hours
MarsBitShare
Summary
On-chain data shows that Multicoin Capital deposited 137,100 HYPE into Coinbase Prime on July 30, 2026, worth approximately $7.51 million. Bitwise also transferred 22,463 HYPE, valued at $1.23 million, to Coinbase. The combined transfer amounted to 159,563 HYPE, totaling $8.74 million. This activity has been highlighted in crypto news as a significant movement by two major institutions.
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