Arthur Hayes: Re-Withdraws 85,714 HYPE From Bybit

Arthur Hayes linked wallet re-withdrew 85,714 HYPE ($5.37M) from Bybit. The address still controls 247,334 HYPE worth $13.6M after the move.

Price sits at $63.58 inside Bollinger Bands with upper resistance at $65.96. With price testing upper Bollinger resistance at $65.96 while RSI flashes 66.36, a healthy retracement to the 50-EMA support at $55.09 seems probable before further continuation. This flow arrives as traders weigh HYPE price prediction against broader crypto market crash risks and AI industry impact on token demand.