Multicoin, which held $90.5 million in HYPE for over 6 months, has once again sold 10% of its holdings, now only retaining 25% compared to its peak holdings.

According to Odaily, Multicoin has once again sold 10% of its HYPE holdings. HYPE is Multicoin's largest position, currently valued at $90.5 million. Multicoin accumulated HYPE between February and March this year and has held it for over six months; at its peak, it held 4 million HYPE, and currently only 25% of the original position remains.