[HYPE Selling Pressure Returns: Multicoin Capital Unstakes 1.97 Million HYPE Tokens, Worth Approximately $108 Million] BlockBeats News, July 29, according to monitoring by EmberCN, a week ago, Multicoin Capital transferred 395,000 HYPE tokens ($37 million) into Coinbase and has since continued with more HYPE unstaking. Early this morning, 1.97 million HYPE tokens ($108 million) successfully exited staking after a 7-day unstaking period. Of the successfully unstaked HYPE, 86,000 tokens ($4.78 million) were transferred to Coinbase Prime three hours ago. It is worth noting that HYPE has dropped 10% over the past week. [Original Link]