HYPE: New Wallet Withdraws 150000 Tokens From Bybit
HYPE wallet pulls 150000 tokens worth $11M from Bybit for $1M floating profit as price holds $74.39 with bullish EMA structure intact.
SourceAnalysis
HYPE saw a freshly created wallet withdraw 150000 tokens valued at roughly $11M from Bybit across five days, already sitting on about $1M in unrealized gains at the current $74.39 quote.
Price action shows the token maintaining its bullish trend structure above both the EMA50 at $64.47 and EMA200 at $58.06. With price testing upper Bollinger resistance at $77.93 while RSI(14) prints 71.79 in overbought territory and MACD remains positive after the golden cross, a measured pullback toward the 50-EMA support looks probable before any extension higher.
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