PANews|Sep 04, 2026 01:38
[Multicoin Capital Suspected to Have Sold $112 Million Worth of HYPE Since July 28, Estimated Profit of $64.08 Million]
According to on-chain analyst Ai Yi's monitoring, Multicoin Capital is suspected to have sold $112 million worth of HYPE since July 28, with an estimated profit of $64.08 million, achieving a return rate of over 134%. This entity built a position of 4.95 million HYPE at an average price of $32.32 from Galaxy Digital between January and July this year. As the token price rose, they took profits in batches on exchanges, with the most recent transaction being approximately 150,000 HYPE ($12.78 million) deposited to Coinbase about three hours ago.
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