HYPE: Whale Withdraws 96930 Tokens from BitGo

Onchain Lens reported a dormant whale withdrew 96930 HYPE ($6.01M) from BitGo, lifting the address balance to 139206 HYPE ($8.6M).

Price action at $62.58 remains trapped below the EMA50 resistance at $66.58 yet above the EMA200 support at $61.25, confirming the bearish trend structure while the MACD death cross at -1.72 keeps downside pressure intact. With RSI(14) neutral at 36.07 and price inside the Bollinger Bands, any bounce toward upper-band resistance at $71.73 would likely stall before a retest of the lower band support near $60.81. Traders watching HYPE price prediction models now factor in potential crypto market crash spillovers and shifting Bitcoin flows that could accelerate the next leg lower.