Multicoin Capital: Deposits $4.37M HYPE to Coinbase

Multicoin Capital transferred another 62.73K $HYPE valued at $4.37M to Coinbase Prime from address 0x57C6D4bD52F592a265F59B595a905B04C848174B.

Price action on the 4h chart shows HYPE at $70.14 testing upper Bollinger resistance at $68.98 while RSI(14) sits at 83.61 in overbought territory and MACD registers a bullish golden cross at 2.57. With price testing upper Bollinger resistance at $68.98 while RSI flashes overbought at 83.61, a healthy retracement to the 50-EMA support at $59.12 seems probable before further continuation. Traders tracking HYPE price prediction and on-chain whale flows now weigh these levels against broader crypto market volatility signals.