Bitwise: Transfers $5.45M HYPE to Cumberland

Bitwise shifted 73.17K $HYPE (~$5.45M) from the BHYP Hype ETF wallet to Cumberland one hour ago.

HYPE trades at $75.37 inside its Bollinger band on the 4h chart, with the upper band at $80.63 capping upside while the lower band at $73.26 offers immediate support. The EMA50 at $79.64 and EMA200 at $83.37 continue to define the bearish structure, yet the MACD golden cross at -1.75 hints at building momentum even as RSI sits neutral at 41.06. Institutional flows into Cumberland frequently precede distribution, so any break below the lower band could accelerate tests of the 50-EMA before the next directional move.