HYPE: FalconX Offloads $104M OTC to Exchanges

FalconX shifted 1.42 million $HYPE tokens valued at roughly $104 million to major exchanges in the past 24 hours, with Gate receiving the largest slice of 480.85K tokens.

Price action on the 4h chart shows $HYPE trading at $72.89 inside the Bollinger Bands with upper resistance at $78.57 while RSI(14) prints 76.81 in overbought territory and MACD holds a golden cross; this confluence points to a probable retracement toward the EMA50 support at $62.4 before any extension higher, a setup that could shape near-term HYPE price prediction models and broader crypto market crash risk assessments.