WBTC Whale: Sells 40 Tokens for $847K Profit

A major WBTC holder with an average cost of $59,210 just moved 40 tokens back to an exchange, marking the first such action in over two years and potentially locking in $847,000 in profits if sold at current levels. This whale accumulated 50.91 WBTC between February 2024 and February 2026, delivering a sharp 35.7% return, while still holding 10.965 WBTC on-chain—moves like this often signal broader Bitcoin and BTC sentiment shifts in the crypto whale movements space.

Zooming into the 4-hour WBTC chart, price action clings to the lower support at $79,658.81 amid a bearish trend where the EMA50 at $80,286.4 caps upside and the EMA200 at $76,696.65 looms as deeper support. MACD flashes a death cross with -71.9 strength, underscoring seller dominance, while RSI at 39.46 stays neutral but edges toward oversold—expect volatility to exhaust near the upper resistance of $81,996.48 before any rebound, aligning with ongoing WBTC price prediction pressures and potential crypto market crash risks if Bitcoin breaks lower.