Latest Update
2026-11-02 01:30 UTC

Lookonchain: Wallet Moves 999.95 BTC After Six Years

Lookonchain: Wallet Moves 999.95 BTC After Six Years

Lookonchain reports a wallet shifted all 999.953 BTC worth $78.12 million after more than six years of inactivity, with the coins originally received when Bitcoin traded at $10,727.

Source

Analysis

Lookonchain flagged a wallet transferring its entire 999.953 BTC ($78.12M) after more than six years dormant, coins acquired when BTC traded at $10,727.

BTC trades at $78086.38 inside the Bollinger band with upper resistance at $78600.86 while EMA50 sits at $79155.82 and EMA200 at $81105.38, confirming the bearish structure; RSI at 45.8 keeps momentum neutral and MACD golden cross at -333.74 offers the only bullish signal, so price may still test lower band support at $76923.21 before any sustained recovery.

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