According to on-chain monitoring on MLM, Multicoin Capital un-staked 1.96 million HYPE through 3 wallets, worth approximately $120 million.

HYPE-2.74%
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PumpDumper
· 4h ago
Multicoin’s moves this time are textbook-style cashing out—three wallets team up, and retail investors are trembling with fear.
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FomoFighter
· 4h ago
An $120 million dump— the market is bleeding again.
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BungeeJumper
· 4h ago
Big capital always releases their pledged assets when the market is hot—now that they’ve exited, should we also consider leaving?
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