Multicoin also ran this early, just fools; hold on to $HYPE
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余烬Ember
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Looks like Multicoin Capital is selling 607,000 HYPE ($37 million):
They transferred 395,000 HYPE to Coinbase 4 hours ago, as well as applying for redemption on Hyperliquid for the 211,000 HYPE they had staked.
◎ These HYPE were bought via Galaxy Digital OTC about 5 months ago (in February), when the price was around $30.
◎ Of these, 210,000 HYPE were deposited into staking, while the remaining 395,000 HYPE were left untouched in the wallet.
◎ Today, they chose to sell: both the portion transferred to Coinbase from the wallet and the staked portion that has requested redemption.
◎ At the current HYPE price of $61, they would have gained a doubled return ($18.8 million).
Address: 0xaB319403E72C5e97c65ef70031bab8827efc5297
They transferred 395,000 HYPE to Coinbase 4 hours ago, as well as applying for redemption on Hyperliquid for the 211,000 HYPE they had staked.
◎ These HYPE were bought via Galaxy Digital OTC about 5 months ago (in February), when the price was around $30.
◎ Of these, 210,000 HYPE were deposited into staking, while the remaining 395,000 HYPE were left untouched in the wallet.
◎ Today, they chose to sell: both the portion transferred to Coinbase from the wallet and the staked portion that has requested redemption.
◎ At the current HYPE price of $61, they would have gained a doubled return ($18.8 million).
Address: 0xaB319403E72C5e97c65ef70031bab8827efc5297
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