Multicoin has deposited 67,500 HYPE tokens, valued at $5.92 million, into Coinbase Prime according to on-chain monitoring data. This transfer marks the latest activity from the firm involving the HYPE asset on the institutional custody platform. Over the past four weeks, Multicoin has transferred a cumulative total of 760,580 HYPE tokens to Coinbase Prime, representing an aggregate value of $62.99 million. The consistent flow of assets suggests ongoing positioning or liquidity management activities by the firm on the regulated exchange infrastructure.