KULRTech: Moves 145.8 BTC to Coinbase Prime
KULRTech shifts 145.8 BTC worth $9.45M to Coinbase Prime, cutting holdings from 1,021 BTC to 100 BTC with $22.62M realized loss on treasury exit.
SourceAnalysis
KULRTech transferred 145.8 BTC valued at $9.45 million into Coinbase Prime five hours ago, completing a three-month liquidation that slashed corporate bitcoin holdings from 1,021 BTC to just 100 BTC.
The company purchased at an average $98,923 and exited near $74,368, locking in a $22.62 million loss while removing its Bitcoin treasury page and halting all related announcements.
With BTC price at $65,164 testing upper Bollinger resistance at $66,879.81 and RSI neutral at 46.76, price action points to a retracement toward EMA50 support at $65,029 before any continuation, as the MACD death cross reinforces near-term caution for corporate BTC treasury moves and BTC price prediction models.
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@EmberCNAnalyst about On-chain Analysis