Bitwise: Sells $6.7M HYPE From BHYP ETF

Bitwise moved 84.32K HYPE tokens valued at $6.71M from its BHYP ETF wallet to Coinbase six hours ago, pointing to an imminent sale.

Price sits at $80.01 inside Bollinger Bands with upper resistance at $81.4 and lower support at $77.33; the 50-EMA at $81.14 caps upside while the 200-EMA at $75.11 offers deeper floor. Neutral RSI at 48.95 and MACD golden cross at -0.4 suggest limited momentum, so any HYPE price prediction must factor this ETF outflow against broader crypto market crash risks and AI industry impact on token demand over the past year.