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Binance Swallows 6,494 BTC from Single Whale in Three Weeks

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Binance has absorbed a significant amount of Bitcoin in recent weeks.

A whale deposited 6,494 BTC ($420.5M) into Binance over the past three weeks, adding fresh supply pressure to spot books.

The price of Bitcoin currently sits at $65,111.97 within its Bollinger band, with an upper resistance level at $65,449.98.

Despite a bullish structure anchored by EMA50 and EMA200, momentum is fading as indicated by the MACD death cross at 221.62 and neutral RSI at 59.83.

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