Whale: THORChain BTC Buy Hits 1,075.6 at $79,412
Bitcoin whale completes THORChain cross-chain purchase of 1,075.6 BTC using 85.42M USDC at $79,412 average after 2025 ETH exit.
SourceAnalysis
Bitcoin whale finished a THORChain cross-chain swap, spending 85.42 million USDC to acquire 1,075.6 BTC at an average cost of $79,412 including fees over four days.
The same address that offloaded 50,600 ETH at a $2,921 average in 2025 for $19 million profit has now deployed another 14.2 million USDC for 179.8 BTC at $78,955 and retains 74.32 million USDC to continue buying. On the 4h chart, BTC price sits inside the Bollinger Bands testing upper resistance at $78,604 while the EMA50 at $78,135 caps upside in the bearish structure above the EMA200 at $74,210; the neutral RSI at 42.52 combined with the MACD golden cross at -376 points to a probable retracement toward the lower band support at $76,439 before any sustained move higher, shaping near-term BTC price prediction scenarios.
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@EmberCNAnalyst about On-chain Analysis