Arthur Hayes: HYPE Trade Locks $1.76M Profit

Arthur Hayes linked wallet sold HYPE into Bybit at $54.81 two days ago after pulling the tokens out one month earlier at $39.58, locking a $1.76M profit before withdrawing 85714 HYPE at $62.69 three hours ago. HYPE now trades at $63.03 inside its Bollinger band with upper resistance at $65.33. Price action shows the 50-EMA at $54.72 acting as concrete support while the 200-EMA sits at $46.65, confirming the longer-term bullish structure. With RSI at 65.27 and MACD holding a golden cross at 2.64, the setup favors a healthy retracement to the 50-EMA before any push toward the upper band. This flow aligns with ongoing HYPE price prediction models and broader crypto market sentiment tracking.