Binance: Whale Deposits 810 BTC Worth $50.82M
Binance receives 810 BTC ($50.82M) from a whale that lost $9.4M on the transfer. On-chain data and BTC 4h technical confluence examined.
SourceAnalysis
Binance just absorbed an 810 BTC deposit valued at $50.82M from a single whale address that booked a $9.4M loss, according to @OnchainLens on-chain tracking.
Price sits at $63641.22 inside the Bollinger Bands with upper resistance at $64122.78. The structure remains bearish as price trades below both EMA50 at $63746.45 and EMA200 at $70658.44, yet MACD has printed a bullish golden cross while RSI holds neutral at 56.55. Large BTC transfers to Binance on-chain analysis shows this flow adds immediate sell-side pressure near the upper band, raising the probability of a quick test of EMA50 support before any sustained move higher.
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