Bitwise: Stakes $114M HYPE on Hyperliquid

Bitwise deposited 1.775M HYPE ($114M) into Hyperliquid and staked the tokens eight hours ago.

Price sits at $64.38 beneath the EMA50 at $64.97 yet above the EMA200 at $61.78, confirming the broader bearish structure while the MACD golden cross at -0.25 signals building momentum. With HYPE price action testing the upper Bollinger band at $66.0 and RSI(14) neutral at 50.36, a measured pullback toward the $61.78 EMA200 support appears likely before any sustained push higher. This institutional inflow arrives as traders monitor HYPE price prediction models and broader crypto market crash risks tied to macro liquidity shifts.