Bitwise: BHYP ETF Wallet Receives 47.39K HYPE

Bitwise Asset Management's BHYP ETF wallet took delivery of 47.39K HYPE tokens valued at $3.71 million from Hyperliquid following an unstaking transaction at address 0x6183AeCb22b09b4CB167F2B42C611243C7E74318.

Price action on the 4h chart shows HYPE at $81.31 inside a bullish structure with EMA50 support at $78.46 and EMA200 resistance at $82.31. Momentum remains constructive as MACD prints a golden cross at 0.45 while RSI sits neutral at 65.17. With price now testing upper Bollinger resistance at $80.54, a healthy retracement toward the 50-EMA support zone looks probable before any extension higher.