HYPE: Four Wallets Stake $53.92M on Hyperliquid

Four wallets withdrew 675K HYPE worth $53.92M from Coinbase over recent months and staked the tokens on Hyperliquid, pushing total staked holdings above $50M across the addresses.

Price action at $80.47 holds a bullish structure above the EMA50 at $78.3 and EMA200 at $67.49, yet the MACD death cross at 0.64 signals fading momentum while RSI at 47.53 leaves room before overbought territory. With price testing upper Bollinger resistance at $85.35 and lower support at $78.78, a healthy retracement to the 50-EMA support at $78.3 appears probable before further continuation. Onchain staking flows of this scale often precede shifts in HYPE price prediction and broader crypto wallet withdrawals patterns.