# Multicoin Capital Transfers 4.23 Million HYPE Worth $285 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/23586
Published: 2026-09-24T06:10:07.000Z
Updated: 2026-09-24T06:10:07.000Z

Multicoin Capital deposited another 130,300 HYPE into Coinbase Prime early Thursday, bringing its cumulative transfers to 4.23 million HYPE valued at about $285 million.

The latest deposit was worth approximately $12.15 million. It followed a one-week pause in transfers to Coinbase Prime.

Multicoin Capital has transferred the 4.23 million HYPE since July 28. The latest transaction was recorded at 2:05 a.m. ET (06:05 UTC) on Sept. 24.

The deposits do not establish whether the tokens were sold or otherwise moved after deposit.