🚹 $HYPE
— WHALE SELLING PRESSURE?

Multicoin Capital continues moving $HYPE into Coinbase Prime.

Over the past 10 days, it has reportedly deposited a total of 815,885 $HYPE, worth around $59.8M.

🐋 Large transfers to an institutional trading platform can increase potential selling pressure, especially if the tokens are later sold.

📉 $HYPE traders: Keep a close eye on support and exchange flows. If selling continues, volatility could increase.

⚠ A deposit does not automatically mean a sale. Wait for price-action confirmation before taking a position.

#HYPE #WhaleAlert #CryptoTrading #futures