SeliniCapital: Deposits 495k HYPE Worth $26.8M on OKX

SeliniCapital linked wallet sent 495,473 $HYPE tokens worth $26.8M to OKX in the past hour, adding fresh supply pressure on the token.

Price sits at $54.87 below both the EMA50 at $58.28 and EMA200 at $62.08, confirming the bearish trend structure while the MACD death cross at -1.14 reinforces downside momentum; with RSI at 35.03 still neutral and price inside the Bollinger band, a test of lower support near $53.14 appears likely before any rebound attempt. This institutional flow arrives as traders reassess HYPE price prediction models and watch for spillover into broader crypto market crash scenarios.