Multicoin Capital: Deposits 130K HYPE to Coinbase Prime

Multicoin Capital moved another 130,331 HYPE tokens valued at $12.15 million into Coinbase Prime after a one-week pause, pushing its total transfers since July 28 to 4.23 million HYPE or $285 million.

Price action on the 4-hour chart shows HYPE trading at $92.86 inside the Bollinger Bands with the upper resistance at $97.46 and lower support at $91.48; the 50-EMA at $90.79 continues to act as the key long-term floor while the 200-EMA sits at $80.89, and neutral RSI at 48.8 paired with the MACD death cross at 0.81 signals near-term consolidation before any sustained move higher in HYPE price prediction models.