Bitcoin: $8.2 Million Destroyed in Wallet Move

Bitcoin lost $8.2 million when an unknown wallet sent coins to an unspendable address, according to on-chain data reported by Decrypt on May 26, 2026.

Price action shows BTC at $75932.54 inside the Bollinger band with upper resistance at $77880.04 and lower support at $75844.54 while EMA50 at $77107.94 and EMA200 at $77312.97 cap upside; the MACD death cross at -115.93 keeps the 4h structure bearish and RSI at 40.66 offers no relief, pointing to a likely test of the lower band before any recovery attempt in current BTC price prediction models.