Whale: Unstakes 512K HYPE Into FalconX

Lookonchain flagged a whale that unstaked 512,010 $HYPE ($39.3M) and sent the tokens to FalconX, a move that often precedes distribution or sale.

Price sits at $74.29 on the 4h chart, pressing the lower Bollinger band support at $74.68 while the EMA50 at $80.29 and EMA200 at $83.62 act as stacked resistance. RSI at 29.46 shows oversold conditions yet the MACD death cross at -1.8 keeps the broader structure bearish, suggesting any bounce may stall before reclaiming the 50-EMA.