US Government: Shifts $805K FTX Assets to Coinbase
US Government moves $805K in BTC and altcoins from FTX seizure to Coinbase as BTC trades at $73600 amid bearish EMA structure.
SourceAnalysis
US Government transferred $805K worth of seized FTX and Alameda holdings including BTC, BAT, YFI and others into fresh wallets plus Coinbase on May 29.
BTC sits at $73600.01 beneath the EMA50 resistance at $75917.16 inside a confirmed bearish trend, with MACD death cross at -910.93 and RSI at 33.82; price remains inside the Bollinger band yet eyes lower support at $72179.64, a setup that aligns with current BTC price prediction models and raises crypto market crash concerns among desks tracking institutional crypto flows.
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