Bitcoin: Whales Add 60,000 BTC as Retail Exits

Bitcoin large wallets accumulated 60,000 BTC between August 1 and August 30 while 1-100 BTC addresses shed 33,000 BTC and sub-1 BTC wallets dumped 14,000 BTC, leaving smaller holders net sellers of 47,000 BTC and whales net buyers of an extra 13,000 BTC beyond that supply, CryptQuant data shows.

At $78154.21 the 4-hour structure remains bullish with price holding above the EMA50 at $77581.25 and well clear of the EMA200 at $71359.02; the MACD golden cross at 41.22 keeps momentum intact while RSI at 47.67 leaves room before overbought territory, and any test of upper Bollinger resistance at $79096.62 would likely meet a healthy pullback toward the $77581.25 EMA50 confluence before continuation.