Whale: Closes HYPE Long, Opens 682 BTC Short

Whale closed a $HYPE long at a $2.047M loss and immediately opened a 682 BTC short with 40x leverage that already shows over $680K in floating losses.

Price sits at $63831.66 inside the Bollinger band with lower support at $61361.05 while EMA50 at $70350.08 and EMA200 at $74990.43 act as overhead resistance; RSI at 26.99 signals oversold conditions yet MACD death cross at -2439.31 keeps the bearish structure intact, suggesting any bounce may stall before testing the 50-EMA.