HYPE: $5.9M Coinbase Withdrawal Tied to Bizyugo

HYPE recorded a sharp on-chain outflow when a wallet pulled 100,000 tokens worth $5.9M from Coinbase, an address widely attributed to @bizyugo. HYPE trades at $57.07 inside a bearish structure with the EMA50 at $62.28 capping upside and the EMA200 at $56.64 providing the next floor; the MACD death cross at -1.08 reinforces downside pressure while RSI at 37.8 leaves room before oversold territory and price sits inside the Bollinger Bands between $55.2 support and $65.27 resistance, pointing to a likely test of the 200-EMA before any sustained recovery in HYPE price prediction models during broader crypto market swings.