BitMEX: Shifts 367.65 BTC to Hot Wallet
BitMEX moved 367.65 BTC worth $23.92M from cold to hot wallet amid closure plans, with BTC trading at $65124.78 on 4h chart.
SourceAnalysis
BitMEX transferred another 367.65 BTC valued at $23.92M from its cold wallet bc1qchctnvmdva5z9vrpxkkxck64v7nmzdtyxsrq64 to hot storage four hours ago, continuing a pattern seen throughout the past week to handle retail outflows after the September 23 2026 shutdown announcement.
Arthur Hayes founded exchange has executed identical moves repeatedly since the BitMEX closure announcement and withdrawal process began last month, positioning liquidity for customer redemptions without disrupting derivatives operations.
Bitcoin holds a bullish 4h structure at $65124.78 above the EMA50 support of $64345.82 and EMA200 at $63705.81 while MACD registers a golden cross at 286.72; price tests the upper Bollinger band resistance at $65307.33 with RSI at 63.72 leaving room for continuation before any pullback to the 50-EMA zone.
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