Metaplanet: Transfers 3,881 BTC Worth $247M

Metaplanet shifted 3,881 BTC ($247.3M) in three hours, part of its Metaplanet Bitcoin treasury strategy after accumulating 43,000 BTC at an average $96,191 and now facing a $1.4B unrealized loss.

BTC trades at $63744.96 on the 4-hour chart inside the Bollinger band with upper resistance at $65633.43; the EMA50 at $64331.42 caps upside while EMA200 at $63742.17 offers immediate support, MACD death cross at -262.26 confirms bearish momentum and RSI at 39.69 leaves room for further downside before any recovery in BTC transfers on-chain activity or BTC price prediction models.