Hut 8: Transfers 1,617 BTC Worth $121.43M

Lookonchain flagged that Hut 8 moved another 1,617 BTC ($121.43M) two hours ago, likely ahead of a sale. The miner already offloaded 2,148 BTC ($175.4M) in October at roughly $81,657 to finance share repurchases.

BTC trades at $74,886.57 inside its 4-hour Bollinger Bands, with price pressing the upper band at $76,778.98 while the 50-EMA at $76,597.98 and 200-EMA at $79,821.17 cap upside. RSI at 42.18 sits neutral and MACD shows a golden cross at -562.43, yet the bearish EMA structure keeps sellers in control; any rejection at the upper band should target the lower band support near $74,194.91 before the next directional move.