ChainCatcher reported, citing on-chain analyst Onchain Lens, that Multicoin Capital transferred 197,560 HYPE to Coinbase over the past nine hours. The tokens were valued at about $14.54 million at the time of the move. According to the monitoring account, the transfer may indicate an intent to sell. The update identifies the wallet activity, the token amount, the estimated dollar value, the exchange destination, and the time window tied to the transaction.
ChainCatcher reported, citing on-chain analyst Onchain Lens (@OnchainLens), that Multicoin Capital transferred 197,560 HYPE to Coinbase over the past nine hours, with the tokens valued at about $14.54 million. The transfer was flagged as a suspected sale.
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