Latest Update
2026-10-23 02:29 UTC

Lookonchain: Whale Deposits 4000 BTC to Binance, Deribit

Lookonchain: Whale Deposits 4000 BTC to Binance, Deribit

Lookonchain reports a whale deposited 4000 BTC valued at $327 million into Binance and Deribit over the past five hours.

Source

Analysis

Lookonchain flagged a whale address moving 4000 BTC worth $327M into Binance and Deribit across five hours.

BTC sits at $81714.03 beneath both the EMA50 at $82365.23 and EMA200 at $82101.29, locking in the bearish trend structure while the MACD death cross at -177.61 keeps downside pressure intact. The RSI(14) at 44.29 shows no oversold relief yet, and price remains trapped inside the Bollinger band with lower support at $80474.3 and upper resistance at $84575.45, suggesting any bounce attempt will likely stall at the moving-average confluence before the next leg lower.


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