Multicoin Capital appears to be continuously reducing its HYPE holdings, having sold a total of $133 million, with estimated profits of approximately $77.15 million.

BlockBeats News, September 9 - According to monitoring by Ai Yi, Multicoin Capital appears to have been continuously selling HYPE recently. Since July 28, this entity has deposited approximately 1.725 million HYPE tokens to trading platforms, valued at around $133 million, with estimated profits of approximately $77.15 million.

Data shows that its HYPE cost price is approximately $32.32, with an average deposit price of around $77.03. The most recent deposit occurred 9 hours ago, and the entity still holds HYPE valued at approximately $60.29 million on-chain.