Anchorage: Withdraws 121K HYPE from Bybit for Staking

Anchorage linked wallet withdrew another 121,099 HYPE worth $5.87M from Bybit, extending its aggressive accumulation that now totals 2.34M HYPE valued at $112.36M over the past month, all routed directly into staking.

Price action on the 4h chart shows HYPE holding a bullish structure above the EMA50 at $44.47 and EMA200 at $42.27 while the MACD golden cross at 1.37 keeps momentum intact; with the token trading inside the Bollinger Bands and pressing toward upper resistance at $50.23, any healthy retracement would likely find bids at the $44.47 EMA50 confluence before continuation higher, reinforcing the staking-driven HYPE price prediction and institutional crypto flows narrative.