HYPE: New Wallet Accumulates 200k Tokens From Bybit

HYPE saw a fresh wallet pull 200000 tokens worth $13.67 million from Bybit over the past week at an average $68.35, generating $992k in floating gains as the token trades near $72.15.

The address first built a 150000-token position across five days before adding another 50000 tokens in the latest $3.58 million withdrawal, outpacing BTC returns of just 7.13 percent during the same period when HYPE advanced 29 percent from $56.46.

Price action on the 4h chart shows HYPE holding a bullish structure above the EMA50 at $66.13 and EMA200 at $58.74, yet the MACD death cross at 2.7 signals fading momentum while RSI sits neutral at 58.48; with the token pressing the upper Bollinger Band resistance at $77.6, a measured retracement toward the $66.13 EMA50 support appears probable before any extension higher, shaping near-term HYPE price prediction scenarios and broader wallet accumulation strategy flows.