A suspected Multicoin address has been identified by Arkham AI, holding $26.9 million in HYPE tokens with an unrealized profit of $10.5 million. The address reportedly received $39.4 million from Galaxy Digital's OTC desk and subsequently deposited $22.99 million into Coinbase. This development highlights significant activity and potential gains within the cryptocurrency market.
Suspected Multicoin Address Holds $26.9M in HYPE with $10.5M Profit
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