Multicoin Address Swing Trades HYPE, Currently Holds $27.4M Worth on May 1

HYPE-0.21%

According to Arkham, on May 1, an address suspected to be Multicoin has been swing trading HYPE after accumulating it through Galaxy Digital. The address sold approximately $23 million worth of HYPE three weeks ago at the token’s peak, and currently holds 680,000 HYPE tokens valued at $27.4 million.

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