Binance: 1,019 BTC Deposited from FalconX

Binance absorbed another 1,019 BTC ($66.42 million) seven hours ago via a deposit address tied to FalconX institutional flows. The coins were acquired at an average $116,110 one year ago and have since lost 44% of their value.

Bitcoin whale deposits to Binance after extended holding periods often signal distribution pressure, yet current 4h structure shows price at $64,946 holding above the EMA50 support at $64,517 while pressing the upper Bollinger Band resistance at $65,420. Neutral RSI at 54.98 combined with the MACD death cross leaves room for a quick retracement toward the $64,349 lower band before any sustained move higher, keeping short-term BTC price prediction cautious amid ongoing institutional Bitcoin transfers.