Japanese Bitcoin Whale: Withdraws 65 BTC from Exchanges
Onchain Lens reports a Japanese Bitcoin whale withdrew another 65 BTC worth roughly $5.2 million from Coincheck and bitFlyer, its first major activity in nearly two years after accumulating 136.894 BTC over the past 20 days.
SourceAnalysis
Japanese Bitcoin whale bc1qhscz899tza7e3cmfx8dqfaarx0693uet07588znqw4yatjxdkc9sdt3mhj pulled another 65 BTC (~$5.2M) from Coincheck and bitFlyer, its first sizable move in almost two years according to @OnchainLens. The address has now taken 136.894 BTC (~$11.24M) off the two Japanese platforms in the last 20 days.
Bitcoin sits at $79912.48 inside a bearish trend with price below the EMA50 at $81134.46 and the EMA200 at $81760.06. The MACD registers a bullish golden cross at -437.75 while RSI(14) holds neutral at 39.81. Price remains inside the Bollinger Bands, pressing toward upper resistance at $81112.87; a retracement to the 50-EMA support zone or the lower band at $79522.23 looks probable before any extension higher.
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