Binance: Wallets Withdraw 2,470 BTC
Newly created wallets pulled 2,470 BTC worth $183.05M from Binance, signaling whale accumulation amid BTC price prediction trends.
SourceFresh on-chain data reveals two newly created wallets yanking a total of 2,470 BTC ($183.05M) from Binance, with the latest move involving 1,000 BTC ($73.67M) as whales position aggressively in this volatile market.
This mirrors the accumulation frenzy we saw last quarter when similar outflows preceded a 15% rally, tying into broader crypto market crash recovery narratives and BTC price prediction models eyeing institutional inflows amid hype around projects like TAO.
Zooming into the 4h chart, BTC holds a bullish structure with price at $73,776.89 pressing against the upper Bollinger Band resistance at $76,155.34, while the EMA50 at $72,675.1 acts as immediate support and the EMA200 at $70,460.0 reinforces the longer-term floor. Momentum sits neutral on RSI at 51.34, but the MACD death cross at 592.09 hints at bearish pressure, suggesting a potential dip to test that EMA50 confluence before bulls reclaim control and target volatility exhaustion at the lower band support of $72,000.07—classic setup for proprietary desks to layer in longs on retrace.
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