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2026-11-11 18:37 UTC

Lookonchain: Whale Deposits 1000 BTC to Binance

Lookonchain: Whale Deposits 1000 BTC to Binance

Lookonchain reports a whale deposited 1000 BTC worth $73.78 million into Binance eight hours ago after four years of inactivity.

Source

Analysis

Lookonchain tracked a dormant whale address sending 1000 BTC ($73.78M) into Binance after four years offline.

BTC prints $73840.16 on the 4h chart inside a bearish structure. Price sits below the EMA50 at $75595.36 and the EMA200 at $79172.33, yet the MACD registers a golden cross at -540.01 while RSI(14) holds neutral at 40.98. The move places price near the upper Bollinger band resistance at $75543.27 with lower support at $73078.63.

Whale flows of this size into Binance often precede distribution pressure. Traders watch whether the MACD crossover can lift price through the EMA50 before the next volatility expansion tests the lower band.

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