HYPE: Whales Buy 104555 Tokens for $6.59M
HYPE whales 0xdf7 and 0x714 spent $6.59M buying 104555 tokens at $63.36 and $62.86 while rotating out of 38 BTC.
SourceAnalysis
HYPE saw fresh whale accumulation as address 0xdf7 spent $3.69M on 58279 tokens at $63.36 two hours ago while address 0x714 sold 38 BTC for $2.9M to purchase 46276 HYPE at $62.86 within the past 24 hours.
Price sits at $63.31 inside the Bollinger band with upper resistance at $65.91 and lower support at $53.32; the bullish EMA50 at $55.08 and EMA200 at $46.83 continue to act as structural floors while MACD golden cross at 2.66 keeps momentum intact and RSI at 65.27 leaves room before overbought territory, pointing to a probable test of the upper band before any deeper pullback to the 50-EMA in standard HYPE price prediction models and ongoing whale accumulation patterns.
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