HYPE: Whale Sells $5.96M to GSR and Cumberland

HYPE faced fresh selling pressure as a wallet that accumulated the token 10 months ago transferred 42.5K HYPE (~$3.12M) to GSR Markets, 25K HYPE (~$1.82M) to Cumberland and 14K HYPE (~$1.02M) to OKX, totaling $5.96M from address 0xa6BF6D829712E31E5aD7bc13Ee5a60FC436a1A20. HYPE price prediction models now face scrutiny as the token trades at $71.75 inside its Bollinger band with upper resistance at $75.26 and lower support at $51.68. With RSI(14) at 77.27 flashing overbought and MACD confirming a bullish golden cross, price action points to a probable retracement toward the EMA50 support at $61.03 before any extension higher, a setup that could amplify volatility if broader crypto market crash fears resurface.