Multicoin Capital: Sells $8.34M HYPE
Multicoin Capital moves 92.38K HYPE worth $8.34M to Coinbase Prime; HYPE at $91.04 tests EMA50 support on 4h chart amid ongoing whale activity.
SourceAnalysis
Multicoin Capital deposited 92.38K HYPE tokens valued at $8.34M into Coinbase Prime, signaling another large sale after prior transfers. The move adds pressure on HYPE price prediction models as institutional flows continue to shape token liquidity in 2026. On the 4h chart HYPE holds a bullish structure at $91.04 above the EMA50 support of $89.65 and EMA200 at $84.53, with MACD golden cross intact even as RSI sits neutral at 58.12; price sits inside the Bollinger band near upper resistance of $92.13, so any rejection here likely targets the lower band support at $84.22 before continuation.
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