HYPE: Whales Buy $7.96M as Coinbase Sees $30M Withdrawal

HYPE sees continued whale accumulation as address 0x3527 purchased another 40,000 tokens for $2.38M, bringing its three-day total to 132,758 HYPE valued at $7.96M.

A freshly created wallet 0xBCd5 simultaneously withdrew 501,250 HYPE ($30.93M) from Coinbase Prime seven hours ago, signaling large-scale positioning ahead of potential volatility.

At the current price of $60.38, HYPE trades inside its Bollinger Bands with upper resistance at $64.62 and lower support at $58.61 while the 50-EMA at $57.02 and 200-EMA at $48.23 provide layered long-term floors; the neutral RSI at 51.81 combined with the MACD death cross at 0.97 suggests a healthy pullback toward the 50-EMA before any continuation higher, shaping near-term HYPE price prediction scenarios for institutional desks.