Anchorage: Withdraws 85K HYPE Worth $4.08M From Bybit

Anchorage moved 85,226 $HYPE valued at $4.08M out of Bybit via wallet 0x4c6B8e7D1A5DEc99AA726240e1957F8Df657f828, extending a one-month buying spree that already totals 2.22M tokens for $105.75M.

Price sits at $47.75 inside the Bollinger Bands with the upper band at $49.89 acting as immediate resistance. The 50-EMA at $44.02 and 200-EMA at $42.09 continue to anchor the bullish structure while MACD holds its golden cross at 1.4. With RSI at 63.97 still room to run, any rejection at the upper band should find support at the 50-EMA before the next leg higher.