Maven11 Capital: Withdraws $11.17M HYPE from OKX
Maven11 Capital wallet withdraws 202,705 HYPE worth $11.17M from OKX as HYPE price holds $55.38 on 4h chart with bullish MACD.
SourceAnalysis
Maven11 Capital reversed course with a 202,705 HYPE withdrawal worth $11.17M from OKX four hours ago, ending weeks of institutional selling pressure.
Price sits at $55.38 inside the Bollinger Bands with upper resistance at $55.6. The 50-EMA at $55.02 acts as immediate support while the 200-EMA at $58.49 caps upside. MACD golden cross at 0.02 keeps the bullish structure intact and RSI at 54.16 leaves room before overbought conditions appear, suggesting any pullback targets the 50-EMA before continuation.
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