Bitcoin Whale: Transfers 500 BTC to Binance for $8.4M Profit

Bitcoin whale that scooped 807 BTC at $67,646 in February just sent 500 BTC valued at $39.04 million to Binance, booking an $8.42 million profit at current levels near $78,080.

Price action on the 4-hour chart shows BTC inside the Bollinger Bands with upper resistance at $81,864 and lower support at $76,984. The EMA50 at $79,743 caps upside while the EMA200 at $77,338 offers dynamic support; RSI at 35.26 stays neutral and the MACD death cross at -659 keeps the near-term bias bearish, pointing to a likely test of the lower band before any sustained recovery.