# Multicoin Capital Transfers 92,400 HYPE Worth $8.34 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25964
Published: 2026-09-30T20:55:08.000Z
Updated: 2026-09-30T20:55:08.000Z
Section: Investing

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

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.