Lookonchain: Whales Pull 2,492 BTC From BitGo, Binance

Lookonchain flagged fresh whale accumulation as a newly created address bc1qga pulled 1,489 BTC ($111.34M) from BitGo forty minutes ago. Three other new wallets simultaneously drained 1,002.86 BTC ($75M) from Binance over the prior twenty-four hours.

Over the last six months similar exchange outflows have preceded short-term price stabilization even when broader trend structure remained pressured. Traders now watch whether these cold-storage moves reduce immediate sell-side liquidity.

BTC trades at $74,613.81 inside its four-hour Bollinger band with the upper band at $76,780.7 acting as near-term resistance. Price sits below both the EMA50 at $76,507.45 and EMA200 at $79,776.14, confirming the bearish structure, yet the MACD golden cross at -588.94 signals building momentum while RSI at 40.67 stays neutral. A test of the upper band could trigger a quick retracement toward the EMA50 before any sustained continuation.