Multicoin Capital has deposited 130,331 HYPE tokens, valued at approximately $12.15 million, to Coinbase Prime following a one-week pause in activity. This transfer marks the resumption of the firm's HYPE movements to the institutional custody platform. Since July 28, Multicoin Capital has cumulatively deposited 4.23 million HYPE tokens worth $285 million to Coinbase Prime. The latest transaction adds to the substantial volume of HYPE transferred by the venture capital firm over the past two months.