HYPE: Whale Stakes 488K Tokens After $23.7M Gain

HYPE whale activity intensified when an address that acquired 488,599 tokens for $17.18 million at $35 five months ago staked the entire position today, locking in a $23.7 million unrealized gain as price sits at $83.85.

With price testing upper Bollinger resistance at $85.01 while RSI holds neutral at 56.91, a healthy retracement to the 50-EMA support at $80.39 appears probable before further continuation above the $85 level. The 200-EMA at $69.52 continues to anchor the broader bullish structure, reinforced by the MACD golden cross at 0.49.