Multicoin Capital Wallet Transfers 490,000 HYPE Worth $29.48M in 2 Days

HYPE0.08%
According to Onchain Lens, a wallet allegedly linked to Multicoin Capital transferred 490,000 HYPE tokens worth approximately $29.48 million over the past two days. The wallet moved 397,500 HYPE valued at $24 million two days ago, which flowed through multiple addresses before being deposited into Coinbase. Yesterday, the same wallet transferred 93,000 HYPE tokens worth $5.48 million to a new address.
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