Multicoin Capital: Deposits 136K HYPE to Coinbase Prime
Multicoin Capital moved 136,174 HYPE worth $9.65M to Coinbase Prime as HYPE trades at $70.76 with RSI at 82.74.
SourceAnalysis
Multicoin Capital sent another 136,174 HYPE tokens valued at $9.65 million to Coinbase Prime seven hours ago. HYPE currently trades at $70.76 inside a bullish structure defined by the EMA50 at $59.55 and EMA200 at $59.23. With price testing upper Bollinger resistance at $70.41 while RSI(14) flashes overbought at 82.74 and MACD shows a golden cross at 2.91, a healthy retracement to the 50-EMA support at $59.55 appears probable before further continuation. Traders tracking HYPE price prediction should monitor these levels closely amid ongoing large wallet flows that often precede volatility spikes.
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