Multicoin Capital Moves $8.2M In HYPE To Coinbase, Raising Sell-Off Speculation
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🚨 Multicoin Capital transferred $21.7 million worth of HYPE to Coinbase Prime in 12 hours. 📉 HYPE stabilized around $82.93 after testing the $86-$87 range. 🪙 Investors are watching to see if the $80 support level for $HYPE will hold. 📊 While the Coinbase Prime transfer doesn't directly mean selling, it increased the risk of additional supply. Read More: Multicoin Capital Transferred $21.7 Million Worth of HYPE to Hyperliquid The article "Mul…
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Cryptocurrency News | Cryptocurrency Prices | Market Cap261,555 Hyperliquid (HYPE) Deposited to Coinbase Prime: Are Institutions Selling?
Hyperliquid is being pressured by institutional investors who add more to the sell-side liquidity.
Multicoin Capital Moves $8.2M In HYPE To Coinbase, Raising Sell-Off Speculation
BitcoinWorld Multicoin Capital Moves $8.2M in HYPE to Coinbase, Raising Sell-Off Speculation Multicoin Capital, a prominent crypto-focused investment firm, has transferred 97,000 HYPE tokens to the Coinbase exchange, according to on-chain data from Onchain Lens. The transaction, valued at approximately $8.18 million at current prices, has sparked speculation about a potential sell-off, as exchange deposits are often interpreted as a precursor to…
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