Latest Update
8/20/2026 3:49:00 AM

Bitcoin Whale: Offloads 2000 BTC for $136M

Bitcoin Whale: Offloads 2000 BTC for $136M

Bitcoin whale bc1qsy sells 2000 BTC worth $136.48M during rebound, bringing monthly total to 9513 BTC at $623.43M amid $69161.92 price action.

Source

Analysis

Bitcoin whale bc1qsy dumped another 2000 BTC worth $136.48M as the market rebounded, pushing its one-month sales to 9513 BTC totaling $623.43M.

Price sits at $69161.92 inside Bollinger Bands with upper resistance at $69660.35. With price testing upper Bollinger resistance ($69660.35) while RSI flashes overbought at 83.32, a healthy retracement to the 50-EMA support at $64806.81 seems probable before further continuation, especially as the MACD golden cross at 1374.37 keeps the broader bullish structure intact above the 200-EMA at $64157.5. This whale distribution adds supply pressure that could accelerate any pullback toward those EMA levels in the near term.


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