Multicoin Capital Moves 441,000 Hyperliquid (HYPE) Worth $35.31M to Coinbase Prime

Multicoin Capital moved 441,000 HYPE, worth $35.31M, to Coinbase Prime across four wallets. No sale confirmed yet; the custody balance stays on the exchange. The transfer signals potential selling pressure, though the fund has not announced intentions. HYPE's price action remains uncertain as traders watch for further moves.