Bitwise: Adds 162K HYPE in $10.11M Purchase

Bitwise purchased another 162,367 HYPE tokens worth $10.11 million in the past two hours, bringing its total position to 885,728 HYPE following the May 21, 2026 disclosure of 723,361 tokens.

With HYPE price at $63.26 testing the upper Bollinger Band resistance at $65.83 while RSI(14) sits neutral at 61.48, the MACD death cross signals fading momentum that could drive a retracement toward the EMA50 support at $56.64 before any continuation higher. This accumulation arrives amid shifting HYPE price prediction models and broader crypto market crash concerns that often redirect institutional flows into liquid names like HYPE.