HYPE: Whale Sells $2.41M and Opens $10.55M Short

Whale 0xde42 sold 50K $HYPE for $2.41M over the past 10 hours and simultaneously opened a 10x short on 223,404 $HYPE worth $10.55M, per Lookonchain data dated May 20, 2026.

HYPE trades at $47.81 inside the Bollinger Bands with upper resistance at $50.3 and lower support at $41.51; the EMA50 at $44.49 and EMA200 at $42.28 anchor the bullish trend while MACD at 1.41 confirms the golden cross and RSI at 61.87 stays neutral, suggesting any whale-driven pullback would likely retest the 50-EMA before continuation and refine current HYPE price prediction models amid ongoing Bitcoin volatility.