HYPE: Whale Withdraws $6M From Coinbase

HYPE saw a whale withdraw 75.04K tokens valued at $6.04M from Coinbase through two linked addresses, 0xbEaD11a8E5B0307be6054Ab07e89E2d5654Ea5e0 and 0xabfB0b5B0670285dD422a9C167bE26f6Deb84081, according to @OnchainLens on Aug 22, 2026.

Historical whale withdrawals from Coinbase have repeatedly triggered altcoin volatility, and this move aligns with ongoing HYPE price prediction discussions while traders monitor whale withdrawals from Coinbase historical impact on altcoins. On the 4h chart, HYPE trades at $81.12 inside Bollinger Bands with upper resistance at $84.74; the bullish MACD golden cross at 4.89 supports continuation, yet RSI at 78.03 signals overbought conditions, making a retracement toward EMA50 support at $65.68 likely before any push higher.