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Latest Update
7/7/2026 8:47:00 AM

Bitcoin Whale: $71M Transfer to Coinbase Prime

Bitcoin Whale: $71M Transfer to Coinbase Prime

Bitcoin whale shifts 1,133 BTC worth $71.48M from Coinbase to Coinbase Prime, signaling institutional custody move as BTC trades at $63080 with neutral RSI.

Source

Analysis

Bitcoin whale transferred 1,133 BTC ($71.48M) from Coinbase to Coinbase Prime through an intermediary wallet, pointing to institutional custody rather than immediate selling pressure.

Price sits at $63080.62 inside Bollinger Bands with upper resistance at $63914.75 and lower support at $62249.56. The structure remains bullish above the EMA50 support at $62153.01 despite EMA200 resistance at $64318.23, while RSI at 54.36 stays neutral and MACD death cross at 457.41 signals fading momentum that often precedes a healthy pullback to the 50-EMA before any BTC price prediction extension higher.


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