Bitcoin: Whales Withdraw 984 BTC From BitGo
Bitcoin whales pulled 984 BTC ($72M) from BitGo via new wallets, highlighting ongoing accumulation patterns as price holds $73151.8 on 4h chart.
SourceAnalysis
Bitcoin whales accumulated aggressively as two fresh wallets withdrew 984 BTC ($72M) from BitGo in a single transaction. This large BTC exchange withdrawal fits the pattern of institutional players moving coins off-exchange during the past year of whale accumulation from BitGo historical data. At $73151.8 the 4h structure shows a bearish trend with price testing the lower Bollinger Band support at $73159.65 while EMA50 resistance sits at $74728.02 and EMA200 at $76485.08; RSI at 36.46 remains neutral yet MACD has printed a bullish golden cross at -322.51, suggesting any bounce may stall at upper band resistance $74182.33 before a deeper test of the 50-EMA confluence.
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