HYPE: Multicoin Capital Deposits $7.51M to Coinbase
Multicoin Capital moved 137100 HYPE ($7.51M) to Coinbase Prime while Bitwise sent 22463 HYPE ($1.23M) amid bearish 4h structure at $53.83.
SourceAnalysis
Multicoin Capital deposited another 137100 $HYPE ($7.51M) into Coinbase Prime over the past 10 hours while Bitwise sent 22463 $HYPE ($1.23M) to Coinbase nine hours ago per @lookonchain on-chain alerts.
Price sits at $53.83 below EMA50 resistance at $57.54 and EMA200 at $61.75 with MACD death cross at -1.23 and RSI 35.92 inside Bollinger Bands bounded by $51.68 support and $60.6 resistance, pointing to continued selling pressure that shapes HYPE price prediction during crypto market crash fears and AI industry impact on token flows.
Lookonchain
@lookonchainLooking for smartmoney onchain