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HYPE: Whales Pull $55.4M From Kraken and Coinbase | Flash News Detail | Blockchain.News
Latest Update
6/4/2026 1:07:00 AM

HYPE: Whales Pull $55.4M From Kraken and Coinbase

HYPE: Whales Pull $55.4M From Kraken and Coinbase

HYPE whales withdraw 761,357 tokens worth $55.4M from exchanges over three days, with fresh staking from Kraken and Coinbase at $72.44.

Source

Analysis

HYPE whales continue aggressive accumulation as three new wallets pulled 557,406 tokens valued at $40.2M from Kraken and immediately staked the holdings eight hours ago while another address took 180,000 HYPE worth $13.3M from Coinbase six hours ago.

Wallet 0x6436 alone has extracted 761,357 HYPE totaling $55.4M across multiple exchanges in the past three days, extending a pattern of large-scale withdrawals that began intensifying six months ago.

At the current $72.44 level, HYPE sits above the EMA50 support at $67.94 inside a broader bullish structure anchored by the EMA200 at $55.81; with price pressing the upper Bollinger band at $75.15 and RSI(14) holding neutral at 54.83, the MACD death cross at 1.5 suggests a likely retracement toward the 50-EMA before any sustained push higher, shaping near-term HYPE price prediction scenarios amid ongoing whale flows.


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