HYPE: Whale Opens $49M Short on Hyperliquid

Whale 0xf822 deposited $6.3M USDC to Hyperliquid and opened a 3x HYPE short of 692.2K tokens valued at $49M with entry at $66.02, now marked at $70.78 for a floating PnL of -$3.3M.

Price action on the 4h chart shows HYPE trading inside the Bollinger Bands near upper resistance at $72.2 while the EMA50 at $68.31 and EMA200 at $65.09 provide layered support beneath a neutral RSI of 56.44 and a MACD death cross at 0.84; this confluence points to probable retracement toward the 50-EMA before any extension higher, shaping near-term HYPE price prediction and leverage flows on Hyperliquid.