ME News reports that on July 22 (UTC+8), according to OnchainLens monitoring, Multicoin Capital unbonded 1.96 million HYPE tokens from three wallets, valued at approximately $120 million. These tokens were staked approximately two months ago. Addresses: • 0x57c6d4bd52f592a265f59b595a905b04c848174b • 0xab319403e72c5e97c65ef70031bab8827efc5297 • 0xd4d56a30a4a745f8ba732e8b453b7066260fbc10 (Source: BlockBeats)
Multicoin Capital unstakes 1.96 million HYPE tokens worth $120 million
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Summary
On-chain data shows that Multicoin Capital unstaked 1.96 million HYPE tokens, worth approximately $120 million, from three wallets on July 22 (UTC+8). According to OnchainLens tracking, the tokens were staked roughly two months ago. This action occurs amid broader crypto market developments, as major players continue to adjust their positions in volatile conditions.
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