a16z Suspect: Stakes 4.83M HYPE After $48M USDC Buy

a16z suspect wallet converted another $48M USDC into 441,000 HYPE over two days and staked the tokens at an average $81.6, pushing total staked holdings to 4.83 million HYPE valued at $404 million.

The same addresses previously accumulated at $65.6–$68.7 and now sit on $84.9 million in floating gains while an additional $12M USDC just hit the exchange for further purchases.

4H Technical Confluence

Price at $82.69 trades inside the Bollinger band with upper resistance at $85.29 and lower support at $78.88, while the 50-EMA at $77.88 and 200-EMA at $66.99 continue to anchor the bullish structure. RSI at 55.32 remains neutral even as MACD prints a death cross at 1.57, suggesting a healthy pullback toward the 50-EMA before any extension higher. Traders watching HYPE price prediction models now focus on whether sustained institutional flows can override the short-term momentum divergence.