Latest Update
7/31/2026 11:05:00 AM

BitMEX: $29.88M BTC Withdrawal From New Wallet

BitMEX: $29.88M BTC Withdrawal From New Wallet

BitMEX sees first $29.88M BTC withdrawal since closure as new wallet takes 468.30 BTC at $63820.89 amid bearish EMA structure.

Source

Analysis

BitMEX recorded its largest withdrawal since announcing closure when a newly created wallet moved 468.30 BTC (~$29.88M) off the exchange, the first transfer above $10M tracked by @nansen_ai. At $63820.89, BTC sits below EMA50 resistance at $64423.27 and EMA200 at $63949.6 in a bearish trend structure while RSI(14) holds neutral at 43.41 and MACD registers a bullish golden cross at -47.31; price remains inside the Bollinger Bands with lower support at $63245.93 and upper resistance at $65010.75, pointing to near-term consolidation that shapes current BTC price prediction views and tempers crypto market crash concerns without direct AI industry impact.


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