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Latest Update
7/9/2026 9:56:00 AM

Binance: New Wallet Withdraws 500 BTC

Binance: New Wallet Withdraws 500 BTC

Binance records 500 BTC ($31.15M) outflow to fresh wallet bc1qw5 as BTC trades at $62965 with neutral RSI and bearish MACD on 4h chart.

Source

Analysis

Binance processed a 500 BTC ($31.15M) withdrawal to newly created wallet bc1qw5 four hours ago. BTC price sits at $62965.35 inside Bollinger Bands with upper resistance at $64303.57 and lower support at $61668.14 while EMA50 at $62375.63 offers immediate cushion and EMA200 at $64059.99 caps upside. RSI at 52.64 stays neutral yet MACD death cross at 0.24 signals fading momentum, so price may retest the 50-EMA before any continuation higher amid ongoing exchange outflow scrutiny and BTC on-chain analysis.


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