Grayscale: HYPG ETF Stakes 1.77M HYPE

Grayscale moved 1.77 million HYPE tokens worth $114 million from its HYPG spot ETF into staking five hours ago.

Price action shows HYPE at $63.34 pressing against the EMA50 resistance at $64.92 while the EMA200 at $61.77 anchors longer-term support; the MACD golden cross supports continuation yet the neutral RSI at 47.34 and position inside the Bollinger Bands between $60.29 and $65.89 point to a likely pullback to the 50-EMA before any sustained advance. Traders tracking HYPE price prediction scenarios now weigh this staking flow against broader crypto market crash risks that could accelerate downside tests of the lower band.