Hyperliquid (HYPE) Price: Multicoin Names It Largest Hedge Fund Holding

TLDR Hyperliquid’s HYPE is now the largest holding in Multicoin Capital’s hedge fund, according to Bloomberg. Multicoin did not disclose the size of its position. The Hyperliquid Policy Center sent the SEC a comment letter with five rule suggestions. HYPE bounced near $76.8 support, with $66.2 below and $83.7 resistance above. RSI sits at 38 and Stochastic is oversold at 11. Hyperliquid’s HYPE is now the largest holding in Multicoin Capital’s hedge fund. Spencer Applebaum, the firm’s general partner, shared the detail with Bloomberg on Monday. 🔥BULLISH: $2.7 BILLION crypto investment firm Multicoin Capital reveals HYPE is now its hedge fund’s LARGEST position, Bloomberg reports. The firm accumulated $HYPE through public markets but declined to disclose the size of its holdings.

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