HYPE: Whale Unstakes 387K Tokens to Coinbase
Onchain Lens reported a whale unstaked 387K HYPE from Kinetiq and transferred the tokens to Coinbase in multiple batches totaling roughly $31.93M, likely ahead of a sale according to Nansen data.
SourceAnalysis
Onchain Lens flagged a whale that unstaked 387K HYPE from Kinetiq and moved the tokens to Coinbase, with batches of 100K two days ago, 100K today and 187K earlier, valued at roughly $31.93M combined per Nansen data.
Price sits at $79.09 right on the EMA50 at $79.08 while the EMA200 at $82.23 caps upside; the MACD death cross keeps momentum bearish even as RSI at 49.47 stays neutral and price remains inside the Bollinger band between $75.61 support and $83.02 resistance, suggesting any bounce may stall at the upper band before testing the 50-EMA again.
Onchain Lens
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