HYPE: Whale Exits With $132M Profit on Sale

HYPE whale completed its exit, moving the last 969,000 tokens valued at $79.18 million into Coinbase Prime and FalconX after unstaking 2.886 million tokens at the end of July.

The address accumulated the position early last year near $19.8, then distributed over the past month near $64.9 average, locking in $132 million profit for a 228 percent return.

At $81.33 the token holds above its EMA50 support at $81.13 while the EMA200 sits at $70.84, yet the MACD death cross at -0.17 warns of fading momentum even as neutral RSI at 45.15 leaves room before any test of upper Bollinger resistance at $85.07.