ChainCatcher report: Arkham posted on X that Arkham AI identified a suspected Multicoin address. After receiving $394 million from Galaxy Digital’s OTC desk, the address deposited $229.9 million into Coinbase. The address currently holds $269 million in HYPE, with an unrealized profit of approximately $105 million.
Suspected multicoin address holds $26.9M in HYPE, realizing $10.5M in profit
ChaincatcherShare
Summary
A recent AI + crypto news report by Chaincatcher reveals that Arkham AI has identified a suspected Multicoin address linked to a $394 million transfer from Galaxy Digital OTC. The address deposited $229.9 million into Coinbase and currently holds $26.9 million in HYPE, with a $10.5 million unrealized profit. Digital asset news platforms are closely monitoring the activity for further developments.
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.