Grayscale: Buys 682K HYPE for $34.9M

Grayscale acquired 115,733 HYPE tokens worth $6.65 million in a single hour and scaled purchases to 682,190 HYPE ($34.9 million) across the past week.

Price action shows HYPE holding a bullish structure above the 50-EMA at $47.65 and the 200-EMA at $43.38 while testing upper Bollinger resistance at $59.82; with RSI at 81.95 flashing overbought and MACD confirming a golden cross, a measured retracement toward the 50-EMA support remains the highest-probability next move before continuation. Traders tracking HYPE price prediction now weigh this institutional flow against broader crypto market conditions rather than any crash narrative.