HYPE: Whale Deposits $53M to Coinbase Prime
HYPE whale moves $53M to Coinbase Prime and FalconX after withdrawing $106M from Hyperliquid, retaining $55.7M. Current price at $57.52 amid bullish MACD.
SourceAnalysis
HYPE faces fresh selling pressure after a whale deposited 923.74K tokens worth $53M to Coinbase Prime and FalconX following a $106M withdrawal from Hyperliquid last week, leaving 969.6K HYPE valued at $55.7M at address 0x90B38C5728f184C87EF46479cf7B402d7B98B98a.
Price action at $57.52 shows the token trading inside Bollinger Bands with upper resistance at $58.49 while the MACD golden cross keeps the broader structure bullish above the EMA50 support at $55.67; RSI at 62.41 leaves room before overbought territory, suggesting any near-term pullback would likely target that EMA50 level before continuation higher.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses
Premium Sponsors
.jpg)