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HYPE sell pressure returns as Multicoin Capital unstakes 1.97 million HYPE, worth about $108 million

2026-07-29 01:01:22

Abstract generation in progress

Mars Finance news: On July 29, according to monitoring by EmberCN, one week ago, after Multicoin Capital transferred 395k HYPE (37 million USD) into Coinbase, it also carried out additional HYPE staking redemptions. Early today, 1.97 million HYPE (108 million USD), after a 7-day unstaking period, successfully exited staking. Of the HYPE redeemed successfully, 86k (4.78 million USD) were transferred to Coinbase Prime 3 hours ago. Notably, HYPE fell 10% over the past week.

HYPE-0.86%

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