HYPE: Whale Shorts 300K Tokens at $43.40

HYPE drew fresh short interest after a whale opened a 300,000-token position at $43.398, now valued at $12.73 million with liquidation set at the distant $72.267 level.

The address has already booked $5.965 million in lifetime profits and added $8.825 million in USDC margin, giving it room to withstand volatility or scale the bet.

On the 4h chart HYPE trades at $42.82 inside its Bollinger Bands, testing the upper resistance at $47.55 while the 50-EMA at $42.25 and 200-EMA at $41.45 act as layered support; with RSI at 52.21 and MACD printing a death cross, price action points to a probable retracement toward the 50-EMA before any sustained move higher.