Bitwise: Buys $11.31M HYPE from Coinbase, Cumberland

Bitwise purchased 183,162 HYPE tokens valued at $11.31 million from Coinbase and Cumberland, pushing its total accumulation to 1,037,410 HYPE worth $62.92 million through May 25.

Price sits at $60.21 inside the Bollinger Bands with upper resistance at $64.55 and lower support at $59.01. The structure remains bullish above the EMA50 at $57.52 and EMA200 at $48.65, yet the MACD death cross at 0.85 signals fading momentum while neutral RSI at 50.16 points to consolidation ahead of any extension in the HYPE price prediction cycle.