July 30, 2026·Bearish·onchain activity

Multicoin and Bitwise Deposit $8.7M HYPE to Coinbase Prime

Multicoin Capital deposited 137,100 HYPE ($7.51M) and Bitwise deposited 22,463 HYPE ($1.23M) into Coinbase Prime over the past 10 hours, signaling continued institutional selling pressure. The combined $8.74M in deposits suggests large holders are moving assets to the exchange, potentially for liquidation.

Detected & updated continuously · Source: Nebula

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@lookonchain

Institutions keep selling $HYPE! Multicoin Capital deposited another 137,100 $HYPE ($7.51M) into Coinbase Prime over the past 10 hours. Bitwise deposited another 22,463 $HYPE ($1.23M) into Coinbase 9 hours ago. https://t.co/vBR8WmAh4h https://t.co/yzUgqRWW2b https://t.co/4qDu3eww89