HYPE: Dormant Whale Sells 101K Tokens at $63

HYPE recorded a dormant whale sale of 101,156 tokens for $6.38M USDC at $63.06 four hours ago.

The move ends eight months of inactivity from address 0x0ddda327a6614130ccb20bc0097313a282176a01. Bitcoin and broader altcoin flows show similar long-term holders unlocking positions this quarter.

Price action on the 4h chart sits at $63.58 inside Bollinger Bands with upper resistance at $65.96. The bullish MACD golden cross at 2.68 and EMA50 support at $55.09 create clear confluence; any rejection at the upper band likely pulls HYPE back to the 50-EMA before continuation higher, keeping RSI at 66.36 from overbought territory.