Multicoin Capital Fund Holds 1.355 Million HYPE Tokens Worth Tens of Millions of Dollars

MEVSandwichMaker · 2026-02-09T10:12:50+00:00

A significant transaction involving Multicoin Capital reflects strong institutional interest in the Hyperliquid project, with the accumulation of 1.355 million HYPE tokens valued at approximately $40.8 million, signaling positive market sentiment.

MEVSandwichMaker

2026-02-09 10:12:50

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A trading wallet associated with Multicoin Capital - a leading investment fund in the cryptocurrency space - has made a notable move on the HYPE market. According to a report from Odaily, this activity reflects strong participation from major capital in the Hyperliquid project.

Large Trading Volume of the Investment Fund

Specifically, this wallet accumulated 1.355 million HYPE tokens, worth approximately $40.8 million at the time of the transaction. This figure demonstrates a significant level of commitment from one of the most renowned funds in the blockchain industry.

Currently, the HYPE token is trading at $31.80, reflecting market price adjustments following such accumulation activities.

Significance of Capital Investment Activities

This activity is closely monitored by blockchain analysis tools like MLM, indicating heightened attention from the investor community towards the moves of major capital funds. This transaction not only signals confidence in Hyperliquid’s potential but also signals to the market about the vibrancy of institutional investment activities in the crypto sector.

The appearance of major players like Multicoin Capital on the HYPE market can be seen as a positive signal for the project and may influence investor sentiment in the near future.

HYPE8,55%

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