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Institutions Continue to Sell Off HYPE, Multicoin Capital and Bitwise Combined Deposit Over $8.74 Million to Exchanges

2026.07.30 - 00:48

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TechFlow news, July 30: According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), in the past 10 hours, Multicoin Capital deposited 137,100 HYPE to Coinbase Prime, worth approximately $7.51 million; Bitwise deposited 22,463 HYPE to Coinbase 9 hours ago, worth approximately $1.23 million. The two institutions deposited a total of approximately $8.74 million worth of HYPE.

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