Latest Update
2026-11-06 05:45 UTC

Whale: Buys 3009 BTC for $228M After Inactivity

Whale: Buys 3009 BTC for $228M After Inactivity

Lookonchain reports a long-dormant whale purchasing 3009 BTC worth $228 million in a single day after more than a year without activity.

Source

Analysis

Lookonchain flagged a whale address that bought 3009 BTC worth $228M today after more than a year of dormancy.

BTC trades at $75653.6 inside its Bollinger Bands on the 4h chart, with the upper band at $81557.09 acting as near-term resistance and the lower band at $74119.75 as support. The EMA50 at $78160.3 and EMA200 at $80634.38 both sit above price, confirming the bearish structure while MACD at -600.9 shows a death cross. RSI at 36.91 leaves room for further downside before oversold conditions appear, so a test of the EMA50 level remains the next logical magnet before any sustained recovery attempt.

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