Metaplanet: Transfers 800 BTC to Coinbase Prime
Metaplanet shifts 800 BTC (~$62.19M) to Coinbase Prime for potential sale amid neutral RSI and bearish MACD on BTC 4h chart.
SourceAnalysis
Metaplanet transferred 800 BTC (~$62.19M) to Coinbase Prime, a move onchain data flags as likely preparation for sale that could pressure near-term BTC price prediction models.
Price sits at $77860.86 inside the Bollinger Bands with upper resistance at $80060.69, while the EMA50 at $77314.11 continues to anchor the bullish structure above the EMA200 at $70893.87; the neutral RSI at 45.83 paired with the MACD death cross at -52.21 suggests any sale-driven dip would likely find support at the 50-EMA before continuation, keeping Bitcoin whale movements and potential crypto market crash scenarios in focus for institutional desks.
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