Hyperliquid: Whale Stakes $100M HYPE

HyperliquidX saw three new wallets stake a combined 1.255 million HYPE tokens valued at $100.43 million at current prices, with individual amounts of 460.18K HYPE ($36.84M), 449.90K HYPE ($35.98M) and 345.25K HYPE ($27.62M).

Price action on the 4-hour chart shows HYPE trading inside the Bollinger Bands near the lower band at $78.10 while the EMA50 at $84.65 and EMA200 at $86.21 cap upside. The MACD death cross at -1.37 keeps the structure bearish, yet RSI at 35.33 leaves room for a relief bounce before any deeper test of support.