Bitwise: Acquires 77,097 HYPE for $5.18M

Bitwise purchased another 77,097 HYPE tokens for $5.18 million through FalconX one hour ago.

Price sits at $71.47 inside the upper Bollinger Band at $71.48 while RSI(14) prints 77.23, signaling overbought conditions; a healthy pullback toward the EMA50 support at $62.3 remains the highest-probability next move before continuation. The MACD golden cross at 2.71 and price above both EMA50 and EMA200 reinforce the broader bullish structure that has defined HYPE price action over the past year.