WangChun: Accumulates $50.7M BTC and ETH

WangChun of F2Pool pulled another 50.5 WBTC worth $3.17 million from Binance in the last hour, extending a week-long accumulation spree that now totals 475.87 WBTC and 12,282.9 ETH valued at $50.715 million.

The address bought at average prices of $62,788 for BTC and $1,696 for ETH, actions that align with current spot levels near $62,740 and point to deliberate positioning rather than panic buying.

Price sits inside the Bollinger Bands with upper resistance at $65,321.83 and lower support at $62,008.92 while the EMA50 at $63,805.70 and EMA200 at $68,105.74 define the bearish structure; MACD at -376.97 confirms the death cross yet RSI at 39.69 leaves room for continuation toward the 50-EMA before any deeper move, shaping the near-term BTC price prediction for institutional desks watching this wallet.