HYPE: Galaxy Digital Wallet Buys $8.8M Token

Galaxy Digital and fresh wallets are accumulating HYPE aggressively. A wallet tied to the firm scooped 158,100 tokens worth $8.8M in two hours while another address pulled 536,247 HYPE valued at $29.87M from Coinbase over two days.

Price action on the 4h chart shows HYPE trading inside the Bollinger Bands near upper resistance at $58.19 with RSI(14) at 81.03 flashing overbought conditions. The MACD golden cross at 3.27 keeps the broader trend intact above EMA50 support of $47.14, yet the overbought momentum suggests a probable retracement toward that level before the next leg higher. Traders tracking HYPE price prediction now weigh these institutional flows against potential short-term volatility exhaustion.