HYPE: Whale Deposits 19M USDC to Buy 76,600 Tokens

Whale address 0xf605 just deposited 19M USDC into Hyperliquid and purchased 76,600 HYPE for $3.8M over three hours, driving the token briefly above $50 while accumulation continues.

Price currently sits at $58.31 testing the upper Bollinger Band resistance at $58.29. With RSI(14) at 83.15 flashing overbought and MACD confirming a bullish golden cross, a healthy retracement toward the EMA50 support at $47.15 looks probable before the next leg higher in this HYPE price prediction setup.