HYPE: Whale Re-Stakes $38.92M After Unstake
OnchainLens reports a whale re-staked 399.994K HYPE worth $30.92M, pushing total staking activity to roughly $38.92M over the past day on the same tokens previously unstaked two months ago.
SourceAnalysis
OnchainLens flagged a whale re-staking 399.994K HYPE tokens valued at $30.92M, lifting cumulative staking flows to roughly 500K HYPE or $38.92M across the last 24 hours.
The address had withdrawn the identical position two months earlier, signaling a deliberate return to the staking pool at current levels.
Price sits at $79.49 beneath the EMA50 at $81.42 and the EMA200 at $84.87, confirming the broader bearish structure, while the MACD registers a bullish golden cross at -0.93 and RSI holds neutral at 48.52. With the token pressing the upper Bollinger band resistance at $82.37, a measured pullback toward the 50-EMA support near $81.42 appears likely before any sustained upside attempt, as the lower band at $76.68 continues to define downside volatility boundaries.
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