Multicoin sells 10% of its $90.5M HYPE holdings, now holds 25% of its peak position.

iconKuCoinFlash
Share
AI summary iconSummary
Multicoin has sold 10% of its HYPE holdings, worth $90.5 million, according to crypto news. The firm acquired the tokens between February and March 2026 and held them for over six months. At its peak, Multicoin owned 4 million HYPE tokens, but now holds only 25% of that position. The move follows continued activity in the crypto news space, as major players adjust their token exposure.

Odaily Planet Daily report: Multicoin has again sold 10% of its HYPE position. HYPE is Multicoin’s largest holding, currently valued at $90.5 million. Multicoin accumulated HYPE between February and March this year, holding it for over six months; at its peak, it held 4 million HYPE tokens, and now retains only 25% of its original position.

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.