Multicoin Capital released 1.97 million hypes, approximately $108 million

On 29 July, following the transfer of 395,000 hypes (US$ 37 million) to Coinbase a week ago, more hype pledges continued to be made a week ago, according to chain analysts' residual ashes monitoring. In the early morning hours of today, 1.97 million hypes (US$108 million) successfully withdrew from the pledge after a seven-day release period. 86,000 hypes ($4.78 million) were successfully redeemed and transferred to Coimbace Prime three hours ago. It is noteworthy that hype has fallen by 10 per cent in the past week。