HYPE: Institutions Stake $82M Pushing to $75.8

HYPE extended its rally to $75.8 as institutions continued aggressive buying and staking, with 1.136 million tokens valued at $82.4 million pulled from exchanges over the past 10 hours.

Bitwise Hyperliquid ETF led with 336,000 HYPE from Coinbase, followed by a16z moving 300,000 from Kraken and OKX, plus Galaxy Digital staking 147,000 tokens. On the 4h chart, price sits inside the Bollinger Bands with upper resistance at $75.63 while the EMA50 at $65.17 and EMA200 at $53.77 provide layered support beneath a bullish MACD golden cross of 2.79; RSI at 64.71 leaves room before overbought conditions, suggesting any pullback would likely find bids at the 50-EMA before continuation.