HYPE: Gambler 0xc6fe Nets $1.4M Profit in 2 Days

HYPE trader 0xc6fe captured the pump and booked more than $1.4 million in realized and unrealized gains inside 48 hours.

The address first opened a 10x long on 110,735 HYPE ($7.6M notional) and closed it for a $580K profit, then immediately scaled into a larger 10x long on 204,383 HYPE ($14.89M) now sitting on an $838K mark-to-market gain.

On the 4-hour chart HYPE sits at $73.27 inside a bullish trend defined by EMA50 support at $63.06 and EMA200 at $52.59. Price is currently testing upper Bollinger resistance at $73.18 while RSI(14) prints 73.26 in overbought territory and MACD(12,26) remains bullish after the golden cross, pointing to a probable retracement toward the 50-EMA before the next leg higher in any HYPE price prediction scenario amid ongoing crypto market volatility.