HYPE: Whales Dump $21.86M on OKX and Bybit

HYPE faces immediate selling pressure after two large wallets deposited 240,387 tokens worth $21.86M into OKX and Bybit within the past hour.

Wallet 0xc745 sent 177,518 HYPE while a Hypersphere Ventures-linked address sold 62,869 tokens acquired one month earlier for a $2.13M gain.

Price sits at $90.43 beneath the EMA50 at $91.65 yet above the EMA200 at $83.43, with MACD printing a death cross at -0.33 and RSI at 41.71. The pair is testing the lower Bollinger Band support at $90.5 while the upper band at $93.77 acts as near-term resistance, suggesting further downside risk toward the 200-EMA before any relief rally. Traders tracking HYPE price prediction now weigh these on-chain flows against the broader crypto market crash narrative.