Whale 37BnFf: Sells 800 BTC Taking $35.3M Loss

Whale address 37BnFf sold 800 BTC for $50.24M today after holding seven months, booking a $35.3M loss on the original $106,866 purchase.

This on-chain whale wallet behavior selling BTC at loss underscores persistent distribution pressure that shapes near-term BTC price prediction models. Price sits inside the Bollinger Bands with upper resistance at $67006.41 while the MACD death cross and bearish EMA structure keep the 50-period average at $64300.72 as the next key support target before any rebound attempt.