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Cumberland Transfers $14.09M in HYPE Tokens to Bybit and Coinbase

Guavy AI Editorial Team Published August 30, 2026

Cumberland has transferred 170,000 HYPE tokens valued at $14.09 million to Bybit and Coinbase for client sales.

This transfer comes on the heels of some positions being unstaked by Cumberland mere hours earlier.

The price action for HYPE currently sits at $83.29, firmly within its Bollinger Bands with upper resistance at $85.53 and lower support at $79.90.

The 50-EMA at $79.55 and 200-EMA at $68.56 anchor the bullish structure of the market.

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