On September 15, Onchain data firm Onchain Lens reported that Multicoin Capital transferred 441,000 HYPE, worth approximately $35.31 million, to Coinbase Prime through four wallets in the past six hours, likely in preparation for a sale. This data can be tracked via the Arkham platform for the corresponding wallet addresses. As of the time of publication, there has been no response from HYPE's price or Multicoin.
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