Multicoin Capital moves 441,000 HYPE worth $35.31 million to Coinbase Prime
- —441,000 HYPE worth $35.31 million transferred
- —The transaction went through four wallets
- —The funds arrived at Coinbase Prime
- —A token sale has not been confirmed
Why it matters: A large transfer to an exchange custodian may signal preparation for a sale and could weigh on the HYPE price.
Source: Coinotag