HYPE: a16z Whale Adds 253947 Tokens for $15M

a16z-linked whale acquired another 253947 HYPE worth $15.03M in seven hours, pushing cumulative purchases since April 14 to 3.55M HYPE ($170.7M) at a $48 average cost.

Price action on the 4h chart shows HYPE trading at $57.93 inside the Bollinger band with upper resistance at $64.48 and lower support at $57.72; the token sits just above the EMA50 at $57.65 while the EMA200 at $48.96 continues to anchor the longer-term bullish structure despite the MACD death cross at 0.17 and neutral RSI of 43.66.

Traders tracking HYPE price prediction now watch whether fresh accumulation from the a16z entity can push price toward the upper band before any retracement tests the EMA50 confluence zone.