HYPE: Whale Sends $15M to Coinbase on Rebound

HYPE climbed back above $70 after touching $60, prompting one whale to pull 212500 tokens valued at $15 million from Morpho and route everything straight to Coinbase.

Price sits at $70.7 inside a bullish trend defined by EMA50 at $66.35 and EMA200 at $63.79. With price testing upper Bollinger resistance at $73.62 while RSI holds at 66.95, a healthy retracement to the 50-EMA support at $66.35 seems probable before further continuation as the MACD golden cross at 1.82 reinforces momentum.