Multicoin Capital: Sends $16.5M HYPE to Coinbase
Multicoin Capital moved 198.32K HYPE worth $16.49M to Coinbase from two wallets, likely to sell, as HYPE trades at $81.74 with neutral RSI.
SourceAnalysis
Multicoin Capital transferred 198.32K HYPE (~$16.49M) to Coinbase from addresses 0xCa292baAb13A6B97fC83bB142e689440Fd0812b8 and 0x57C6D4bD52F592a265F59B595a905B04C848174B, pointing to an imminent sale.
At $81.74 on the 4h chart, HYPE maintains its bullish structure above the EMA50 support at $80.8 while the MACD death cross at 0.4 signals fading momentum; price remains inside the Bollinger bands, so a push toward upper resistance at $85.23 looks probable before any pullback to the $80.25 lower band, refining the latest HYPE price prediction.
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