HYPE: Whale Sells 213K Tokens for $8.93M Profit

HYPE saw a major on-chain move when a whale offloaded 213,419 tokens for $8.93 million at $41.84, locking in a $2.8 million profit. The same address accumulated 467,188 HYPE over the past two months at an average $35.59 for $16.63 million and still controls 253,769 tokens valued at $10.5 million.

Price action on the 4h chart sits at $41.64 inside the Bollinger Bands with upper resistance at $47.61 and lower support at $37.51. The EMA50 at $42.2 acts as immediate overhead resistance while the EMA200 at $41.43 provides nearby structural support; a bearish MACD death cross reinforces downside pressure despite neutral RSI at 46.8.

Traders tracking HYPE price prediction and on-chain whale activity note that any sustained break below the 200-EMA could accelerate toward the lower band at $37.51 before fresh accumulation zones appear, especially if broader crypto market volatility rises.