According to Lookonchain, BlockBeats reported that Multicoin Capital made an additional deposit of 130,331 HYPE (approximately $12.15 million) to Coinbase Prime in a week. It has been tallied that Multicoin Capital has deposited a total of 4.23 million HYPE (approximately $285 million) to Coinbase Prime since July 28. However, whether an actual sale occurred has not been confirmed.