Data: 490,000 HYPE transferred within 2 days, suspected to be a transfer from the Multicoin Capital wallet worth approximately 29.48 million USD

According to Onchain Lens monitoring, a wallet suspected to belong to Multicoin Capital has just transferred 93,000 HYPE to a new wallet, valued at approximately 5.48 million USD.

Two days ago, the same wallet transferred 397,500 HYPE, valued at approximately 24 million USD, which was subsequently circulated through multiple addresses and finally deposited into Coinbase. The wallet has transferred a total of 490,000 HYPE in two days, valued at approximately 29.48 million USD. The new addresses include 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1 and 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70.