Multicoin Capital: Sends $59M HYPE to Coinbase

Multicoin Capital transferred ~$59.04M worth of $HYPE to Coinbase across the past 30 days, including an 81.3K token move worth $6.69M seven hours ago.

With HYPE price at $83.5 inside the Bollinger band, the token tests upper resistance at $85.38 while the 50-EMA holds support at $77.91 and the 200-EMA sits at $66.99; RSI at 58.55 leaves room before overbought territory, yet the MACD death cross signals near-term momentum loss that could pull price back to the 50-EMA before any continuation higher. Multicoin’s thesis-driven approach since 2017 continues to shape large token flows that traders now watch for HYPE price prediction signals amid broader crypto market moves.