HYPE: Whale 0x688 Sells 102K Tokens for $5.84M

HYPE whale "0x688" sold 102001 tokens for $5.84M USDC at $57.3, booking more than $1M profit in just 13 days before reducing holdings to 54 tokens on HyperLiquid.

Price currently sits at $57.54 inside Bollinger Bands with upper resistance at $64.7 and lower support at $56.47 while EMA50 at $57.6 caps upside and EMA200 at $49.13 anchors the longer-term floor; MACD death cross at -0.26 reinforces bearish momentum even as RSI at 43.62 stays neutral, suggesting any HYPE price prediction bounce will likely stall at the 50-EMA before retesting lower band support amid ongoing whale rotation.