HYPE: USDH Deployer Deposits $15.07M into Coinbase

USDH deployer wallet transferred 212,498 HYPE tokens valued at $15.07M straight into Coinbase after pulling 1.01M HYPE worth $72.45M from unstaking on Hyperliquid. The same address routed 209,984 HYPE to a fresh wallet, sent 200,000 HYPE to Flowdesk and split further flows to Bybit plus on-exchange sales. Hyperliquid HYPE token utility and launch details show the platform runs 300-plus perpetual markets on its own L1 chain. HYPE price prediction models now face fresh supply pressure from this deployer activity. With price at $70.68 testing upper Bollinger resistance at $73.18 while RSI sits at 66.83, a healthy retracement toward the EMA50 support at $66.17 looks probable before any continuation higher.