Multicoin Capital is suspected to have sold HYPE for $112 million, with an expected profit of $64.08 million
2026-09-04 09:37:49
According to CoinMeta, since July 28th, Multicoin Capital is suspected of selling HYPE for $112 million, with an estimated profit of $64.08 million, resulting in a return rate of over 134%. This entity acquired 4.95 million HYPE from Galaxy Digital at an average price of $32.32 between January and July this year. As the price of HYPE continued to rise, it is suspected that profits were taken in batches through exchanges. The most recent transaction, about 150,000 coins, occurred 3 hours ago, valued at approximately $12.78 million.
Source:X
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