Multicoin adds $12.2M in HYPE to Coinbase Prime, total reaches $285M

Multicoin Capital deposited another 130,331 HYPE, worth about $12.15 million, into Coinbase Prime within a week, BlockBeats reported, citing Lookonchain. Since July 28, Multicoin Capital has transferred a total of 4.23 million HYPE, worth about $285 million, to Coinbase Prime, although it remains unconfirmed whether the tokens were actually sold.