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Multicoin sells another 10% of HYPE holdings

  • Multicoin sold another 10% of its HYPE holdings.
  • 4 million HYPE was Multicoin's peak holding.
  • Multicoin now retains 25% of its original HYPE position.

Multicoin has sold another 10% of its HYPE holdings, according to Arkham monitoring cited by PANews. HYPE remains Multicoin's largest holding, valued at $90.5 million. The firm accumulated the token during February and March this year, held it for more than six months, and at its peak owned 4 million HYPE. Its current position represents 25% of the original holding.

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