HYPE: Whale Stakes $39.67M on Hyperliquid

HYPE drew fresh whale accumulation as a newly formed wallet gathered 724.88K tokens valued at $39.67 million from Bybit, OKX and Gate before staking the entire sum on Hyperliquid.

At $54.64 the token tests upper Bollinger resistance at $54.41 while the EMA50 at $54.5 supplies immediate support and the EMA200 at $60.13 caps the longer-term range; the MACD golden cross at -0.25 keeps the bullish structure intact even as RSI at 58.56 stays neutral, pointing to a measured advance rather than exhaustion. This on-chain commitment arrives amid ongoing HYPE price prediction revisions and broader crypto market rotation that continues to favor liquid staking venues.