HYPE: Galaxy Digital Withdraws $12.62M From Coinbase

Galaxy Digital withdrew 179,000 HYPE ($12.62M) from Coinbase while wallet 0x6436 added another 135,824 tokens ($9.73M), pushing its two-day total to 399,730 HYPE ($28.92M).

Whales continue absorbing supply at current levels near $70.45. On the 4h chart price sits inside the Bollinger Bands with upper resistance at $75.54 and lower support at $66.91. The EMA50 at $66.54 acts as immediate structural support while the EMA200 at $54.8 marks deeper long-term defense. With RSI(14) at 52.88 remaining neutral and MACD showing a death cross, a healthy retracement toward the 50-EMA appears probable before any sustained push higher.