Paxos Whale: Sells 800 BTC via Wintermute

Paxos-linked whale sold another 800 BTC ($50.72M) through Wintermute eight hours ago, pushing the two-month total to 2,500 BTC ($154M) according to @lookonchain.

Bitcoin whale movements of this scale often coincide with BTC price prediction shifts and rising crypto market volatility. On the 4h chart, price sits at $63475.58 below both EMA50 at $64200.41 and EMA200 at $63720.47 inside a bearish structure, with MACD at -298.88 confirming the death cross while RSI at 39.24 stays neutral; the position remains inside Bollinger Bands with upper resistance at $65242.49 and lower support at $62906.95, suggesting further downside pressure toward the 50-EMA before any relief rally.