HYPE: Whale Stakes 2.93M Tokens Worth $172M

HYPE saw a single whale move 2.93M tokens worth $172M into Hyperliquid staking contracts over the last 24 hours via 19 wallets, lifting the position accumulated at an average $44 nine months ago by roughly $44.5M.

Price action on the 4h chart sits at $58.09 inside the Bollinger band with upper resistance at $63.54, while EMA50 at $61.09 and EMA200 at $63.65 cap upside and MACD death cross at -0.88 keeps the structure bearish; RSI at 38.08 leaves room for a test of lower band support near $56.42 before any sustained recovery, a setup that often precedes sharper moves in HYPE price prediction scenarios during periods of concentrated staking.