Multicoin Capital Clarifies HYPE Unstake, Affirms Long-Term Bullish Stance on Zama and Zcash
2026-07-23 08:16

Woofun AI reports that Tushar Jain, Managing Partner of Multicoin Capital, clarified that the significant volume of HYPE unstaked recently was not intended for asset liquidation. He emphasized that constant on-chain tracking of institutional capital necessitates periodic wallet rotation, underscoring the critical role of privacy infrastructure. Consequently, Multicoin Capital maintains a long-term bullish outlook on Zama and Zcash. This statement follows reports of a suspected Multicoin-related address selling 607,000 HYPE, valued at $37 million.

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Tags:
HYPE
Tushar Jain
Zama
Zcash
Multicoin Capital
Odaily
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