Multicoin Capital names HYPE its largest holding
- —Multicoin Capital calls HYPE its largest holding
- —Size and value of the position were not disclosed
- —261,600 HYPE earlier moved from a fund-linked wallet to Coinbase Prime
- —In June the firm called HYPE one of its liquid fund's top holdings
Why it matters: Confirmation of a major fund position in HYPE reinforces institutional interest in the Hyperliquid token.
Source: TokenPost