HYPE: Wallet Withdraws 170000 Tokens From Coinbase

HYPE faced fresh selling pressure after a newly created wallet withdrew 170000 tokens valued at $10.9M from Coinbase seven hours ago, address 0xc0f5Cf95FE2152DDfd2867907800052C2B5Dba47.

Price action on the 4h chart shows HYPE trading inside the Bollinger Bands and hugging the lower band support at $64.04 while the EMA50 at $67.61 caps upside and the EMA200 at $56.35 remains the deeper floor; MACD death cross at -0.85 keeps the structure bearish and RSI at 36.43 offers no immediate reversal signal, pointing to continued consolidation before any HYPE price prediction shift.