According to Ai Yi monitoring, since July 28, entities associated with Multicoin Capital allegedly sold 1.725 million HYPE tokens, valued at approximately $133 million, with an estimated profit of $77.15 million. The most recent deposit occurred 9 hours ago. Their average cost basis for HYPE is approximately $32.32, while the average deposit price was around $77.03. They currently hold approximately $60.29 million worth of HYPE on-chain.
Multicoin Capital sells $133M worth of HYPE, realizing a $77.15M profit
TechFlowShare
Summary
On-chain data reveals that entities associated with Multicoin Capital sold 1.725 million HYPE tokens, worth $133 million, since July 28, 2026, realizing a profit of $77.15 million. The most recent trade occurred 9 hours ago. HYPE’s cost basis is approximately $32.32, while the average deposit price is $77.03. The firm still holds $60.29 million worth of HYPE on-chain. Crypto price updates indicate the token remains actively traded in the market.
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