An institution transferred 90.01K HYPE (~$4.85M) from FalconX to Coinbase on the HyperliquidX platform.
Price action on the 4h chart shows HYPE at $53.15 inside the Bollinger Bands with EMA50 at $57.65 and EMA200 at $61.8 capping upside, while RSI at 29.77 signals oversold conditions that often precede short-term relief before any test of the lower band support at $51.74.
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