Multicoin moves $10 million in HYPE to Coinbase Prime, stirring selloff fears

AI Summary On August 18, Onchain Lens, which tracks blockchain transactions, reported that Multicoin Capital had moved about 172,710 HYPE (about $10.15 million) to Coinbase Prime, a destination that has often been associated with selling by traders. Given that HYPE is currently among the top 10 crypto tokens, the action by one of its major institutional backers... fulltext: 355 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/multicoin-sends-10-15-million-in-hype-to-coinbase-prime-reviving-sell-pressure-fears/ Source: CryptoPolitan