Latest Update
2026-10-07 16:45 UTC

Multicoin: Deposits $63M HYPE to Coinbase Prime

Multicoin: Deposits $63M HYPE to Coinbase Prime

Multicoin moves 760.58K HYPE worth $62.99M to Coinbase Prime over four weeks, with HYPE at $87.25 showing bearish EMA and MACD signals.

Source

Analysis

Multicoin deposited another 67.5K HYPE ($5.92M) into Coinbase Prime, lifting its four-week total to 760.58K HYPE ($62.99M).

HYPE trades at $87.25 beneath the EMA50 resistance at $90.09 inside a bearish structure while the MACD death cross at -0.81 reinforces downside momentum; the RSI at 35.47 remains neutral and price hugs the lower Bollinger support near $86.16, pointing to short-term volatility exhaustion before any sustained move higher in this HYPE price prediction setup amid broader institutional crypto transfers.


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