Multicoin, Galaxy, Selini withdraw $150 million in HYPE, spark 8% price drop
1h ago•
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🚨 Multicoin, Galaxy Digital, and Selini withdrew $150 million from $HYPE staking.
📉 The token dropped 8% and now trades below its key 50-day moving average.
🟠 Pending withdrawals nearly double HYPE’s daily spot market volume.
🔎 Multicoin clarified its tokens are not for immediate sale after the July 28 unlock.
Continue Reading:Multicoin, Galaxy, Selini withdraw $150 million in HYPE, spark 8% price drop
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