490,000 HYPE tokens were transferred within two days; a suspected transfer from a Multicoin Capital wallet was worth approximately $29.48 million

Svmuu News: According to Onchain Lens, a wallet believed to belong to Multicoin Capital has just transferred 93,000 HYPE tokens to a new wallet, worth approximately $5.48 million.Two days ago, the same wallet transferred 397,500 HYPE tokens, worth approximately $24 million, which were subsequently routed through multiple addresses before ultimately being deposited into Coinbase. In total, the wallet transferred 490,000 HYPE tokens within two days, worth approximately $29.48 million.The new addresses include 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1 and 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70.