multicoin

According to Onchain Lens monitoring, the Multicoin Capital wallet deposited 92,400 HYPE into Coinbase Prime, worth approximately 8.34 million USD, suspected to be for sale.

On September 29, Shayon Sengupta, a partner at the cryptocurrency investment firm Multicoin Capital, stated that Multicoin has invested in the decentralized bandwidth network Grass through its hedge fund and venture capital fund, referring to it as the reading layer of machine intelligence. Over the past 18 months, Grass has recruited contributors to share idle bandwidth through crypto incentives for querying and parsing the public internet, connecting data to the data pipeline of frontier labs.The article cites a report from Grass itself, stating that over 6 million contributors have received rewards denominated in USD, funded by the revenue generated directly from their contributions. Grass reported revenues of $17 million in 2025, with another $17 million recorded in the first half of 2026, with nearly all AI clients making repeat purchases. Grass claims the business is profitable and projects that revenue from training data alone will reach $75 million in 2026, with relevant figures coming from its call on July 7 to token holders and network participants.Sengupta wrote that Grass plans to launch a Contents API, allowing models to open and render public pages through residential networks, and plans to introduce a Search API along with web indexing. Grass has collected over 1 billion public internet videos, some of which are used with Multicoin portfolio company Inference.net for training video annotation models.

According to Lookonchain monitoring, Multicoin Capital has deposited 130,300 HYPE into Coinbase Prime again after a one-week pause, worth 12.15 million USD.Since July 28, Multicoin Capital has cumulatively deposited 4.23 million HYPE into Coinbase Prime, worth 285 million USD.

Multicoin Capital founder and CIO Tushar Jain stated that the current sentiment in the cryptocurrency market is somewhat exuberant, and a pullback or consolidation cannot be ruled out.He advised investors to remain calm, avoid overtrading, and focus on holding high-quality assets, allowing investment logic to naturally play out rather than trying to precisely capture every short-term high and low.

According to on-chain analysts, Multicoin Capital has allegedly sold 1.725 million HYPE worth 133 million dollars since July 28, expecting a profit of 77.15 million dollars.Its most recent recharge occurred 9 hours ago, with a cost price of approximately 32.32 dollars and an average recharge price of 77.03 dollars. Currently, it still holds HYPE worth 60.29 million dollars on-chain.

According to on-chain analyst Ai Yi's monitoring, Multicoin Capital has allegedly sold $112 million worth of HYPE since July 28, expecting a profit of $64.08 million, with a return rate exceeding 134%.This entity accumulated 4.95 million HYPE from Galaxy Digital at an average price of $32.32 between January and July this year, and has since allegedly taken profits in batches on exchanges. Its most recent deposit to Coinbase occurred 3 hours ago, amounting to approximately 150,000 HYPE, valued at $12.78 million.

According to Onchain Lens monitoring, Multicoin Capital (0x57C...174B) transferred 97,180 HYPE to Coinbase again, worth approximately 8.18 million USD, possibly for selling.

According to on-chain analyst Onchain Lens (@OnchainLens), Multicoin Capital has transferred approximately $59.04 million worth of HYPE to Coinbase through 8 addresses in the past 30 days, with the latest transfer occurring 7 hours ago, amounting to 81,300 HYPE (approximately $6.69 million).

According to Onchain Lens monitoring, a wallet suspected to be related to Multicoin Capital (0x76d...6045) transferred 106,100 HYPE to Coinbase Prime a few minutes ago, worth approximately 8.41 million USD.

Stanford Business School Professor Ilya Strebulaev, in collaboration with Blake Jackson, released the 2026 Strebulaev-Jackson Venture Capital Firm Rankings, based on nearly 30 years of data from over 230,000 investments and nearly 13,000 VCs. The research estimates that about 5% of VCs generate approximately 90% of the industry's profits. The top five are Sequoia Capital (10,158 points), Andreessen Horowitz (8,292 points), Accel, DST Global, and Tiger Global. Among them, Parkway Venture Capital (19th place) and Notable (20th place) made it into the top 20, but are not well-known leading brands.The rankings are based on six major factors: discount valuation, dilution adjustment, net profit (after costs), value added (lead investments and board seats), human capital decay (three-and-a-half-year half-life), and credit allocation between institutions and individuals (25% for the investing institution and 75% for the current institution). Of the top 100, 62 are located in California, 19 in New York, and 6 each in Massachusetts and Texas. 21 were established in 2015 or later, and 23 of the best investments are in frontier AI or AI infrastructure companies, with OpenAI listed as the best investment by 4 firms, xAI by 3, and Anthropic and Perplexity by 2 each. The ranking methodology has a correlation of only about 0.27 with the Midas List, with SV Angel investing in about 139 unicorns ranked 31st, and Thrive with only 47 unicorns ranked 8th. This ranking is the result of research by Stanford professors and does not constitute investment advice.

Tushar Jain, co-founder of Multicoin Capital, stated that despite the significant rise in BTC, STRC has not re-pegged due to its low dividend levels. STRC was promoted as a fixed income product but has experienced a significant drawdown of about 30%.Tushar Jain pointed out that if investors need to bear such a level of drawdown risk, the yield of STRC must be significantly increased to provide adequate compensation for the aforementioned risk.

According to on-chain analyst Onchain Lens (@OnchainLens), Multicoin Capital transferred 197,560 HYPE to Coinbase in the past 9 hours, worth approximately $14.54 million, suspected to be for sale.

Multicoin Capital partner Tushar Jain stated that he spoke at the first meeting of the CFTC Innovation Advisory Committee and presented three recommendations to CFTC Chairman Selig. These include establishing safe harbors or innovation exemptions for new markets such as derivatives, allowing builders to test ideas for compliance; supporting compliance confidentiality tools in DeFi, which provide greater transparency for regulators in managing systemic risk while protecting the privacy of institutional traders.Jain also called for support for perpetual futures before IPOs, enabling ordinary Americans to share in AI wealth creation, rather than being excluded from private markets or forced into opaque SPVs. He mentioned that he also communicated with SEC Chairman Paul Atkins that day and expressed gratitude to forward-looking regulators concerned about the future of America.

According to Onchain Lens monitoring, Multicoin Capital (0x57C...174B) deposited 62,730 HYPE to Coinbase Prime 45 minutes ago, worth 4.37 million dollars.

According to Onchain Lens monitoring, Multicoin Capital transferred 172,700 HYPE to Coinbase Prime, worth approximately $10.15 million, possibly for sale.It still holds 2.16 million HYPE, worth approximately $127 million.

On-chain data shows that three wallets associated with Multicoin currently hold approximately 1.777 million HYPE, valued at about 10.2 million USD.Previously, some related HYPE was transferred to Coinbase Prime and Galaxy OTC, but it cannot be confirmed whether the sale has been completed.

According to EmberCN monitoring, a week ago, Multicoin Capital transferred 395,000 HYPE (37 million USD) to Coinbase and then continued with more HYPE staking redemptions. 1.97 million HYPE (10.8 million USD) successfully exited staking after a 7-day unbonding period.The successfully redeemed HYPE includes 86,000 (4.78 million USD) that was transferred to Coinbase Prime 3 hours ago. It is worth noting that HYPE has dropped by 10% in the past week.

According to Onchain Lens monitoring, a wallet suspected to belong to Multicoin Capital has just transferred 93,000 HYPE to a new wallet, valued at approximately 5.48 million USD.Two days ago, the same wallet transferred 397,500 HYPE, valued at approximately 24 million USD, which was subsequently circulated through multiple addresses and finally deposited into Coinbase. The wallet has transferred a total of 490,000 HYPE in two days, valued at approximately 29.48 million USD. The new addresses include 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1 and 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70.