HYPE: Whales Withdraw $25.7M From Exchanges
HYPE whales pull 352,861 tokens worth $25.7M from OKX, Bybit and Kraken; price at $73.77 with EMA50 support at $65.2 and bullish MACD.
SourceAnalysis
HYPE whales continue aggressive accumulation. New wallet 0x6436 withdrew 263,906 HYPE ($19.2M) from OKX, Bybit, Kraken and Gate over twelve hours while Anchorage Digital-linked wallet 0x5EaD took another 88,955 HYPE ($6.5M) from Kraken.
Over the past six months exchange outflows for HYPE have repeatedly preceded sharp upside moves as large holders move tokens into cold storage ahead of reduced liquid supply. Current price sits at $73.77.
Price action on the four-hour chart shows a bullish trend structure with price holding above the EMA50 at $65.2 and the EMA200 at $53.78. The MACD golden cross at 2.86 confirms trend strength while RSI at 68.1 remains neutral. With price testing upper Bollinger resistance at $75.78, a healthy retracement toward the 50-EMA support at $65.2 appears probable before continuation. Traders tracking HYPE price prediction models now watch these levels for the next directional catalyst.
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