Multicoin Capital Transfers 92,400 HYPE Worth $8.34 Million

1 min read

The institutional crypto transfer sent the tokens to Coinbase Prime, a platform used for digital-asset trading and custody.

By Enna Lee

Published Sep 30, 2026, 4:55 PM EDT

Multicoin Capital transferred 92,400 HYPE tokens worth about $8.34 million to Coinbase Prime, marking a sizable institutional movement of the asset.

The transfer sent the tokens to Coinbase Prime. The transaction’s stated value was approximately $8.34 million.

The move does not by itself confirm that the tokens were sold.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.