Suspected Multicoin Address Holds $26.9M in HYPE, with Unrealized Profit of Approximately $10.5M

Odaily reported that Arkham posted on X, stating that Arkham AI has identified a suspected Multicoin address. After receiving $39.4 million transferred from Galaxy Digital OTC, this address deposited $22.99 million into Coinbase. The address currently still holds $26.9 million in HYPE, with an unrealized profit of approximately $10.5 million.