---
title: "HYPE dips 8% as Multicoin Capital, Selini Capital, and Galaxy Digital queue about $150M in locked tokens for withdrawal."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293610628.md"
description: "The cryptocurrency HYPE experienced a brief decline of 8% from its recent peak as three major investment firms - Multicoin Capital, Selini Capital, and Galaxy Digital - collectively requested withdrawals totaling nearly $150 million of the token."
datetime: "2026-07-23T11:33:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293610628.md)
  - [en](https://longbridge.com/en/news/293610628.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293610628.md)
generator: "portal-rs"
---

# HYPE dips 8% as Multicoin Capital, Selini Capital, and Galaxy Digital queue about $150M in locked tokens for withdrawal.

The cryptocurrency HYPE experienced a brief decline of 8% from its recent peak as three major investment firms - Multicoin Capital, Selini Capital, and Galaxy Digital - collectively requested withdrawals totaling nearly $150 million of the token.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**