Bitcoin: Whale Deposits 114 BTC to Kraken

Bitcoin whale who purchased 1,768 BTC for $131.91M at $74,603 now sits $19.7M underwater after missing the cycle peak and has deposited 114 BTC valued at $7.24M to Kraken to exit.

Price action on the 4h chart shows BTC at $63936.71 holding above the EMA200 at $63722.21 yet capped by the EMA50 at $64196.79, with the MACD death cross at -252.31 confirming bearish momentum while RSI at 47.61 stays neutral inside the Bollinger bands; traders watch the lower band at $62948.75 as the next volatility target before any relief rally. Bitcoin whale activity and BTC holder behavior continue to shape crypto market analysis in the current cycle.