HYPE pressured as Fasanara sends 25,000 HYPE to Bybit after 500,000 HYPE inflow

HYPE faced renewed sell-side risk after Fasanara Capital moved 25,000 HYPE (about $667,700) to Bybit, following an earlier 500,000 HYPE inflow from a burn address. The wallet still holds roughly 575,000 HYPE, valued near $15.4 million. A descending channel, modest short dominance, long liquidations around $557,000, and positive funding at +0.0148% point to controlled downside.