Multicoin Capital transferred $59M of $HYPE tokens to Coinbase over 30 days, signaling potential large-scale liquidation or exchange listing preparation.

Ecosystem · 2026-08-28

Multicoin Capital transferred approximately $59.04 million in $HYPE tokens to Coinbase over 30 days, with the most recent transfer of 81.3K $HYPE worth roughly $6.69 million occurring 7 hours ago. The transfers involve multiple wallet addresses linked to the firm.

Previously on Telem

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