Multicoin Capital deposits 130,331 HYPE worth $12.15M to Coinbase Prime
- —130,331 HYPE worth $12.15M deposited after a one-week pause
- —Cumulative deposits since July 28 reach 4.23 million HYPE
- —Total value of transferred tokens stands at $285 million
Why it matters: Large fund deposits to an exchange custodian often precede sales and can weigh on the HYPE price.
Source: PANews