A wallet potentially associated with Multicoin Capital has transferred a total of 490,000 HYPE tokens, valued at approximately $29.48 million, over the past two days, according to Onchain Lens monitoring. Today, the wallet moved 93,000 HYPE, worth about $5.48 million, to a new address. Previously, it distributed 397,500 HYPE, approximately $24 million, across multiple addresses before depositing them into Coinbase.
Multicoin-linked Wallet Transfers 490,000 HYPE in Two Days
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