Multicoin: Shifts 490K HYPE in Two-Day Transfers

Multicoin Capital linked wallet transferred 490K $HYPE (~$29.48M) across two days, including a fresh 93K $HYPE (~$5.48M) batch to addresses 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1 and 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70 after shuffling 397.5K $HYPE (~$24M) to Coinbase.

HYPE trades at $58.69 inside Bollinger Bands with lower support at $57.47 and upper resistance at $63.91, while EMA50 at $61.66 and EMA200 at $64.05 cap upside in the prevailing bearish structure confirmed by MACD death cross at -0.8; RSI at 37.7 leaves room for further downside before any rebound, shaping near-term HYPE price prediction amid broader crypto market moves.