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Multicoin Capital to Coinbase Prime deposited approximately 130000 tokens HYPE, worth approximately 12150000 USD。
Multicoin Capital to Coinbase Prime deposited approximately 130000 tokens HYPE, worth 12150000 USD
PANews September 24 News: According to Lookonchain monitoring, after pausing for 1 weeks,Multicoin Capital to Coinbase Prime deposited 130,331 tokens HYPE(worth 12150000 USD). Since July 28,Multicoin Capital has cumulatively deposited to Coinbase Prime deposited 4230000 tokens HYPE(worth 285000000 USD）。
Source: https://www.panewslab.com/zh/articles/01a0d204-8a8e-7597-8a42-e55f647c42e6
PANews reported that Lookonchain monitored Multicoin Capital to Coinbase Prime deposited 130331 tokens HYPE, worth 12150000 USD。
This transfer occurred after a pause of 1 weeks.
Since July 28,Multicoin Capital has cumulatively deposited to Coinbase Prime deposited 4230000 tokens HYPE, worth 285000000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
This indicates that a batch of HYPE was transferred into Coinbase Prime. A transfer into an exchange may relate to custody, market making, or preparations for a sale, but this information does not prove that HYPE has been sold.
This inbound transfer may affect market expectations of potential selling pressure, but the transfer alone cannot confirm an actual sale.
Beginners should distinguish between “transferred into an exchange” and “already sold”; they are not the same thing.
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