HYPE: Whale Stakes $40.91M After US Entry News

HYPE climbed after reports of Hyperliquid preparing US market entry, prompting one address to move 488,600 tokens acquired five months ago at $35 via FalconX into staking on the platform. The position, now valued at $40.91 million, reflects a $23.73 million unrealized gain of 138 percent.

Price structure on the 4h chart remains bullish with HYPE holding above the EMA50 support at $80.38 and the EMA200 at $69.52. Momentum stays constructive as the MACD registers a golden cross at 0.48 while RSI at 56.64 leaves room before overbought territory, though a test of upper Bollinger resistance at $85.0 could trigger a healthy pullback toward the 50-EMA before continuation. Institutional flows into HYPE price prediction scenarios and broader crypto market positioning continue to shape near-term direction.