According to Arkham monitoring, an address predicted by its AI to be associated with Multicoin Capital transferred $28.45 million worth of HYPE to HyperCore and staked it. At the same time, two other addresses performed the same action, bringing the total HYPE staked across all three addresses to $82.02 million.
Multicoin Capital-linked addresses stake $82.02M in HYPE on HyperCore
TechFlowShare
Summary
Crypto news reports indicate that addresses linked to Multicoin Capital staked $28.45 million in HYPE via HyperCore. Two additional addresses made similar deposits, bringing the total to $82.02 million. Arkham data confirms this activity. Cryptocurrency news platforms are highlighting the move as a major on-chain event. The staking occurred within a 24-hour period, according to monitoring tools. No further details have been disclosed.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.