HYPE: Multicoin Deposits $31.74M Into Coinbase Prime
HYPE hits new ATH as Multicoin Capital deposits 427,422 tokens worth $31.74M into CoinbasePrime over three days while price holds $81.22 on 4h chart.
SourceAnalysis
HYPE reached a fresh all-time high even as Multicoin Capital moved 427,422 HYPE tokens valued at $31.74 million into Coinbase Prime across the last three days.
Price action at $81.22 shows a bullish structure with EMA50 support at $65.69 and EMA200 at $61.12; the MACD golden cross of 4.9 adds conviction while RSI at 78.4 flags overbought conditions against upper Bollinger resistance at $84.76, pointing to possible near-term consolidation before continuation.
Market participants tracking HYPE price prediction now weigh large exchange inflows against sustained momentum in the broader crypto market.
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