Multicoin Capital Redemption of 1.97 Million HYPE, Partially Transferred to Coinbase Prime
2026-07-29 00:50
Odaily reported that according to monitoring by Ember, a week after Multicoin Capital transferred 395,000 HYPE (approximately $37 million) to Coinbase, it continued to apply for the redemption of more HYPE from staking.
Early this morning, 1.97 million HYPE (approximately $108 million) successfully exited staking after a 7-day pending period, of which 86,000 HYPE (approximately $4.78 million) was transferred to Coinbase Prime 3 hours ago.
Over the past week, the price of HYPE has fallen by approximately 10%, from $61 to $55.
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