Bitwise: Acquires $8.18M HYPE from FalconX

Bitwise purchased 112,158 HYPE tokens worth $8.18M directly from FalconX on June 1, 2026.

Price action shows HYPE trading at $73.52 inside the Bollinger Band with upper resistance at $74.01. The 50-EMA at $63.47 and 200-EMA at $52.79 anchor the bullish trend structure while MACD registers a golden cross at 2.83. With RSI(14) at 73.69 flashing overbought conditions, a healthy retracement toward the 50-EMA support at $63.47 appears probable before continuation. Traders tracking HYPE price prediction now weigh institutional accumulation against short-term volatility exhaustion targets at the upper band.