Multicoin Capital’s associated wallet transferred 490,000 HYPE tokens over two days, valued at approximately $29.48 million. The wallet transferred 93,000 HYPE tokens, worth about $5.48 million, to a new address, and two days ago transferred 397,500 HYPE tokens, valued at approximately $24 million, through multiple addresses to Coinbase. (Onchain Lens)
Multicoin Capital-linked wallet transfers 490K HYPE tokens worth $29.48M
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Summary
A wallet linked to Multicoin Capital moved 490,000 HYPE tokens, valued at $29.48 million, over two days. On the first day, it sent 93,000 HYPE tokens, worth $5.48 million, to a new address. Two days ago, it transferred 397,500 HYPE tokens, valued at $24 million, via multiple addresses to Coinbase. This activity occurs amid ongoing crypto news and speculation surrounding new token listings.
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