HYPE: Whale Buys 110K Tokens With 19M USDC

HYPE drew fresh buying after one address moved 19 million USDC onto Hyperliquid and scooped up 110000 tokens at an average $49.3, with the buyer still active in the market.

Price now sits only 15 points beneath the prior peak of $58.5, keeping momentum intact despite the rapid advance over the past six months.

With HYPE testing upper Bollinger resistance at $58.36 while RSI flashes overbought at 84.35, a healthy retracement to the 50-EMA support at $47.16 seems probable before further continuation; the MACD golden cross and EMA200 at $43.22 continue to anchor the broader bullish structure.