Multicoin Capital

2026-07-23 08:32

Multicoin Capital: Unstaking a Large Amount of HYPE Is Not Intended for Sale, On-Chain Privacy Is Crucial for Institutions

Multicoin Capital Managing Partner Tushar Jain stated that his team unstaked a large amount of HYPE yesterday, but this move was not intended for selling. He pointed out that since on-chain fund flows are continuously tracked, the team needs to regularly rotate wallet addresses, which also highlights the importance of privacy in institutional fund operations.

Chain Hypercent Hyperliquid

2026-07-23 08:16

Multicoin Capital: No Plan to Sell HYPE, Long-Term Bullish on Zama and Zcash

Tushar Jain, Managing Partner of Multicoin Capital, posted on platform X, stating that a large amount of HYPE was unstaked yesterday, but not for the purpose of selling assets. He noted that because institutional capital flows are constantly tracked on-chain, it forces them to periodically rotate wallets, highlighting the importance of privacy infrastructure. This is why Multicoin Capital is long-term bullish on Zama and Zcash.Previously, according to on-chain analyst Yu Jin's monitoring, a suspected Multicoin Capital-related address (0xaB3...297) is selling 607,000 HYPE, worth $37 million.

Bullish Hypercent Hyperliquid Long Zama Zcash

2026-07-22 08:45

Profit of $18.8 million: Suspected Multicoin Capital sells 607,000 HYPE

: According to on-chain analyst Ember's monitoring, an address suspected to be associated with Multicoin Capital (0xaB3...297) is selling 607,000 HYPE, worth $37 million; 4 hours ago, it transferred 395,000 HYPE to Coinbase and requested the redemption of 211,000 HYPE staked on Hyperliquid. These HYPE tokens were purchased 5 months ago via Galaxy Digital OTC at a price of $30. Of these, 210,000 HYPE were deposited into staking, while 395,000 HYPE remained in the wallet. Based on the current HYPE price of $61, its profit stands at $18.8 million.

Based Based Coinbase Galaxy Galaxy Hypercent

2026-07-20 07:49

Trasia Labs Completes $1.75 Million Seed Round, Multicoin Capital Participates

Trasia Labs has announced the completion of a $1.75 million seed funding round, with Multicoin Capital as the sole institutional investor. The project is a perpetual contract trading platform natively built on Hyperliquid, primarily targeting the Asian market. It is currently connected to the native perpetual market on Hyperliquid in a non-custodial manner, with plans to later launch its own perpetual contracts based on the HIP-3 protocol.

based Gameta Hyperliquid

2026-07-17 19:51

Kyle Samani reveals he bought some ANSEM

Kyle Samani, former co-founder of Multicoin Capital, reposted Ansem's planning article about the ANSEM token, stating: "I wasn't very interested in Meme coins before, but I still bought some ANSEM."

2026-07-13 14:14

Multicoin Capital Partner Claims Crypto Market Has Bottomed, Remains Bullish on SOL, Hyperliquid, and ZEC

: Tushar Jain, Managing Partner of Multicoin Capital, stated that the crypto market has bottomed out and entered a turning point. Market sentiment has truly hit rock bottom, recent major hacking incidents and other news have not triggered large-scale sell-offs, application adoption rates continue to rise, and there is a decoupling between price and fundamentals. He maintains a long-term bullish outlook on Solana, believing SOL represents the correct architecture for spot trading and tokenized securities. Simultaneously, he is bullish on Hyperliquid's leading position in the derivatives space and currently holds significant positions in both.Regarding ZEC, he stated that Multicoin has accumulated a considerable proportion of its supply and believes it represents the industry's return to "cypherpunk" values, with the potential to enter the top five by market cap. In terms of position management, he adopts a "three-way split" strategy: immediately buying the first third, dollar-cost averaging the second third, and reserving the final third as flexible capital to cope with significant market downturns. During the Zcash code vulnerability incident, after the team observed and confirmed no hacker exploitation, they significantly increased their positions.

Bullish Hyperliquid Market Solana Zcash

2026-07-09 06:25

Suspected Multicoin Capital wallet sells 167,000 HYPE through Galaxy Digital, valued at approximately $11.2 million

according to Onchain Lens monitoring, a wallet suspected to belong to Multicoin Capital has sold HYPE through Galaxy Digital, transferring 167,000 HYPE to Galaxy Digital's OTC trading desk via an intermediate wallet 38 minutes ago, valued at approximately $11.2 million.

Galaxy Galaxy Hypercent Hyperliquid Onchain

2026-06-05 09:41

Multicoin Capital Co-Founder Reveals Development of a Consumer Product

former Multicoin Capital co-founder Kyle Samani posted on X, stating: "For those wondering what I’m working on next, I’m building a consumer product."Notably, Solana co-founder toly retweeted this update, potentially indicating a connection between the product and Solana.

Solana what

2026-06-05 08:37

Multicoin deposited 56.116 million ENA worth $5.28 million to Galaxy and BitGo

According to Onchain Lens monitoring, Multicoin Capital (0xD4d...BC10) deposited 56.116 million ENA tokens, worth $5.28 million, to Galaxy Digital and BitGo.

BitGo Ethena Galaxy Galaxy Onchain

2026-06-01 14:12

Multicoin Capital Co-Founder: “Web3 Is Dead; All That Remains Are DeFi and DePIN”

Starknet co-founder Eli Ben-Sasson tweeted that the crypto industry is currently facing an identity crisis: on one hand, many long-time OGs are leaving; on the other, institutions and TradFi are finally paying attention—precisely the entities crypto originally opposed. In response, Multicoin Capital co-founder Kyle Samani commented: “Web3 is dead—we’re now left with only DeFi and DePIN.”

2026-05-30 17:31

Kyle Samani: Kalshi and US Crypto Perpetual Contracts Face Uncertainty with Three Potential Outcomes

Odaily Planet Daily reports: Multicoin Capital co-founder Kyle Samani posted on X platform analyzing three possible scenarios for the development of Kalshi and the US crypto perpetual contract market:1. Kalshi's previous efforts are irrelevant: Because the US market itself can already offer unregulated perpetual contracts.2. Protocols must pass the eight decentralized tests of the CLARITY Act: If the CLARITY Act passes smoothly, protocols can offer perpetual contracts in the US without registering as a DCO (Designated Contract Organizer) and DCM (Designated Contract Market).3. Products can still attract users but cannot legally enter the US financial system: Even with user recognition, protocols may still be unable to distribute within a compliant framework.Analysis suggests that these potential outcomes highlight the complex relationship between current US derivatives regulation and decentralized protocols, as well as the uncertainty surrounding the compliant implementation of innovative financial products.

Ducky City Kalshi Market Planet Planet Planet

2026-05-30 17:24

Kyle Samani: Hyperliquid is essentially just “Binance 2.0”

Kyle Samani, co-founder of Multicoin Capital, criticized Hyperliquid, arguing that its architectural design is closer to that of a centralized exchange and thus faces limitations in a permissionless decentralized environment.

Binance Hyperliquid

2026-05-30 17:14

Kyle Samani criticizes Hyperliquid: Design architecture only suitable for centralized environments, US companies will not cooperate with them

Odaily, Kyle Samani, former co-founder of Multicoin Capital, criticized Hyperliquid on X, stating: "Hyperliquid is essentially just a Binance 2.0 without a marketing team. It has made thousands of architectural design decisions that are only suitable for centralized environments but completely unsuitable for permissionless, decentralized environments. Now, they are already many steps behind on this path. Furthermore, no real US company will cooperate with them in the future."

Binance Furthermore Hyperliquid

2026-05-16 09:07

Multicoin Capital address transfers 286,000 AAVE worth $26.68 million to Coinbase Prime

according to on-chain analyst Yu Jin's monitoring, moments ago, the Multicoin Capital address (0x7915...D759) transferred a total of 286,000 AAVE to Coinbase Prime, comprising 98,000 AAVE withdrawn from multiple exchanges 5 hours ago and 188,000 AAVE previously remaining at the address, worth $26.68 million.

Aave Coinbase

2026-05-16 09:02

Multicoin Capital transferred 150,000 AAVE tokens, causing the price to drop 7%; Galaxy Digital subsequently repurchased 98,000 tokens at a lower price.

According to on-chain analyst Yujin (@EmberCN), Multicoin Capital transferred 150,000 AAVE tokens (approximately $14.91 million) yesterday morning via Galaxy Digital and BitGo to multiple centralized exchanges (CEXs), including Binance, OKX, Coinbase, and Bybit. Following this transfer, the AAVE price dropped approximately 7% from $99 to $92. Subsequently, Galaxy Digital withdrew 98,000 AAVE tokens (approximately $9.08 million) from those exchanges back to Multicoin Capital’s address, prompting a modest rebound in AAVE’s price to $93.

Aave Binance BitGo Bybit Coinbase Galaxy

2026-05-15 08:12

Multicoin Capital Transfers 150,000 AAVE to Galaxy Digital and BitGo, with Cumulative Unrealized Losses Exceeding $40 Million

Odaily Planet Daily reports: According to monitoring by Onchain Lens, Multicoin Capital has transferred 150,000 AAVE (worth approximately $14.9 million) to Galaxy Digital and BitGo for Over-The-Counter (OTC) trading. Subsequently, a portion of the funds was transferred to centralized trading platforms.Data shows that Multicoin Capital purchased 338,005 AAVE for approximately $73.94 million. It currently holds 188,005 AAVE, worth about $18.49 million, representing an unrealized book loss of approximately $40.54 million.

Aave BitGo Galaxy Galaxy Onchain Planet

2026-05-15 07:51

Multicoin Capital Reportedly Liquidates 150,000 AAVE Tokens for ~$14.91 Million

According to on-chain analyst Ember (@EmberCN), Multicoin Capital allegedly transferred 150,000 AAVE tokens (worth approximately $14.91 million) to Galaxy Digital and BitGo. Subsequently, these tokens were dispersed across centralized exchanges including Binance, OKX, Coinbase, and Bybit—potentially indicating an intent to sell. Previously, in November last year, Multicoin Capital accumulated 338,000 AAVE tokens at a price of $219 each. If sold at $99 per token, Multicoin Capital’s estimated loss on AAVE would exceed $40.56 million—a decline of roughly 55%.

Aave Binance BitGo Bybit Coinbase Galaxy

2026-05-12 11:20

Grayscale Files for First Zcash Spot ETF

Grayscale submitted the first application for a Zcash spot ETF on May 8.ZEC’s price once touched $600, pushing its market cap into the top 15 and surpassing Cardano. Multicoin Capital co-founder Tushar Jain noted that this move is driven by growing demand for privacy assets amid U.S. wealth tax legislative proposals. The SEC concluded its review of Zcash in January 2026 without taking enforcement action. Data shows that approximately 30% of ZEC’s supply is held in shielded addresses. Last week, U.S. Bitcoin spot ETFs saw $268 million in outflows, with some capital rotating into privacy and AI infrastructure tokens.

Bitcoin Cardano Grayscale Zcash

2026-05-08 17:22

Zcash plans to launch a quantum-resilient wallet within one month, with quantum-ready scaling to be completed in the next 12–18 months.

Josh Swihart, Founder and CEO of the Zcash Open Development Lab, announced at Consensus 2026 in Miami that Zcash plans to launch a quantum-resilient wallet within one month and achieve full post-quantum readiness within the next 12 to 18 months, while also advancing scalability efforts to reach Visa- and Mastercard-level throughput. Driven by Multicoin Capital’s disclosure of a large investment and growing momentum around privacy narratives, ZEC has surged over 110% in the past 30 days. Additionally, following integration with Near Intents, users can now cross-chain swap BTC, SOL, USDC, and other assets for shielded ZEC; since launch, these channels have processed approximately $600 million to $700 million in volume, and the shielded pool currently accounts for roughly 30% of the circulating ZEC supply.

Bitcoin Circle Open Solana Visa Zcash

2026-05-05 20:13

Suspected Multicoin Capital-associated address stakes $82.02 million worth of HYPE on HyperCore

According to Arkham monitoring, an address identified by its AI as linked to Multicoin Capital transferred $28.45 million worth of HYPE into HyperCore and staked it. At the same time, two other addresses performed identical actions; collectively, the three addresses staked $82.02 million worth of HYPE.

Arkham Hypercent Hyperliquid