Yeti0x: Begins Selling $2.45M HYPE on Hyperliquid

Yeti0x moved roughly $2.49M in $KHYPE from a multisig wallet, swapped the funds into 29.87K $HYPE valued at $2.45M and sent the tokens to Hyperliquid, where spot selling has already begun according to OnchainLens.

HYPE trades at $82.72 inside its Bollinger band with the lower support at $82.24. The 50-EMA sits at $85.02 and the 200-EMA at $84.6, locking the structure in a bearish trend while the MACD prints a death cross at -0.55. RSI at 40.89 offers no oversold relief. The fresh supply from the multisig wallet lands directly against this resistance shelf, increasing the probability of a quick test of the $82.24 band before any rebound attempt.