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Suspected Multicoin address holds $26.9 million in HYPE, with an unrealized profit of approximately $10.5 million.
Golden Finance reported that on May 1, Arkham posted on the X platform that Arkham AI identified a suspected Multicoin address. After the address previously received 39.4 million dollars from Galaxy Digital OTC transfers, it deposited 229.9 million dollars into Coinbase. Currently, the address still holds 269 million dollars worth of HYPE, with an unrealized profit of approximately 105 million dollars.