Exchanges· ★★★· bearish·

Multicoin deposits 67,500 HYPE worth $5.92M to Coinbase Prime

  • —The transfer covered 67,500 HYPE worth $5.92 million
  • —760,580 HYPE sent to Coinbase Prime over four weeks
  • —Total value of the monthly transfers reached $62.99 million
Why it matters: Large HYPE inflows to exchange custody can signal selling pressure and weigh on the token's price.
#HYPE
Source: PANews
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Multicoin Capital moves 441,000 HYPE worth $35.31 million to Coinbase Prime
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Fresh wallet withdraws 198,290 HYPE worth $17.2M from Coinbase Prime