HYPE Genesis Whale Transfers $35M to Coinbase
- Whale Transfer Scale: A HYPE genesis whale deposited 576,148 HYPE into Coinbase, valued at approximately $35.28 million at the time of transfer, indicating the wallet's full remaining HYPE balance and highlighting ongoing market interest in the token.
- Profit Estimation: The total profit attributed to this wallet is estimated at over $44.34 million; while the transfer does not confirm a completed sale, it could impact market liquidity, especially as HYPE trades around key price levels.
- Market Dynamics Impact: Large exchange deposits can create short-term caution, particularly when HYPE is at critical liquidity levels, prompting traders to closely monitor for potential sell pressure following the transfer.
- Hyperliquid Expansion Context: This transfer occurs during a busy period for Hyperliquid-linked activities, with Circle recently moving a record $4.4 billion USDC to a Coinbase-linked wallet, underscoring the significance of stablecoin flows in the decentralized derivatives market.
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Technical Analysis for FLOW
Technical Sentiment Analysis for Flow (FLOW). As of , Flow (FLOW) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FLOW stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, FLOW is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Flow (FLOW) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0194 | 0.0219 | 0.0248 | 0.0273 | 0.0301 | 0.0326 | 0.0355 |
| Fibonacci | 0.0219 | 0.024 | 0.0252 | 0.0273 | 0.0293 | 0.0306 | 0.0326 |
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