HYPE: Coinbase Moves $30.93M to Fresh Wallet

Coinbase sent 501,250 HYPE tokens valued at $30.93M to a newly created wallet at 0xBCd5EAEDcB8b975A1310f954EdE23E6D23ab7E49.

The move arrives as HYPE trades at $60.07 inside its Bollinger Bands with upper resistance at $64.64 and lower support at $58.57.

Price sits above the EMA50 at $57.01 and the EMA200 at $48.23, yet the MACD death cross at 0.95 signals fading momentum while RSI(14) at 50.86 remains neutral. Institutional desks now watch whether HYPE price prediction models hold above the 50-EMA before any continuation toward the upper band.