HYPE: HypeStrat Wallets Stake 365K Tokens

HYPE faces fresh accumulation pressure after a wallet cluster tied to @HypeStrat staked another 365000 tokens valued at $29.65 million over the past day, according to on-chain data shared by @EmberCN. Over the prior two weeks the same addresses added 3.029 million HYPE at an average $83.4, bringing disclosed holdings to 31.8 million tokens worth $2.513 billion.

With price testing lower Bollinger support at $78.97 while RSI(14) sits at 28.45, the oversold reading against EMA50 resistance at $83.71 points to a short-term relief bounce before any retest of the bearish MACD death cross at -1.42; institutional desks watching HYPE price prediction flows now treat the $78.62 level as the key line separating capitulation from continuation lower.