Multicoin Capital deposited HYPE worth $59.04 million into Coinbase over the past 30 days, according to Onchain Lens, including a transfer of 81,300 HYPE seven hours ago. The latest figures differ from an earlier Lookonchain report that identified 815,885 HYPE, valued at $59.8 million, deposited into Coinbase Prime over 10 days. Exchange deposits are generally viewed as a possible indication of an intent to sell, although the transfers do not establish that a sale occurred.