Multicoin Capital: Sends $11.92M HYPE to Coinbase

Multicoin Capital transferred another 143.99K HYPE tokens valued at $11.92M to Coinbase, following the prior $21.72M leg and lifting cumulative outflows since yesterday to roughly 405.54K HYPE or $33.64M from address 0xaB319403E72C5e97c65ef70031bab8827efc5297.

Price action on the 4-hour chart keeps HYPE inside the Bollinger Bands with the $81.79 print sitting just above the EMA50 at $81.12 while the EMA200 at $70.66 anchors the broader bullish structure; the neutral RSI at 46.76 and MACD death cross together point to a probable retracement toward the $80.25 lower band before any retest of upper resistance at $85.16. Traders tracking HYPE price prediction models now weigh these exchange deposits against recent whale movements to gauge near-term supply pressure.