Whale: $128.8M BTC Withdrawn From Coinbase Prime
Onchain Lens reports a wallet received 1.77K BTC worth roughly $128.8M from Coinbase Prime in a withdrawal executed twelve minutes ago.
SourceAnalysis
Onchain Lens flagged a wallet pulling 1.77K BTC (~$128.8M) from Coinbase Prime twelve minutes ago.
BTC trades at $72982.53 on the 4h chart inside a bearish structure defined by the EMA50 at $76180.32 and EMA200 at $79596.87. The MACD prints a death cross at -768.23 while RSI sits at 32.43. Price is testing the lower Bollinger Band support at $73185.58 with upper resistance at $76920.91. Institutional desks note that repeated tests of the lower band in the past six months have preceded short-covering rallies only after a retest of the 50-EMA; any bounce from here would still face immediate supply at the EMA50 before the next leg lower can be ruled out.
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