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Crypto

Bitcoin Whale bc1qdp Makes $45M Purchase Amid Declining Price

Guavy AI Editorial Team
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BTC
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A significant purchase of Bitcoin has been made by an entity known as bc1qdp. In the last six hours, this 'whale' bought 536.93 BTC for approximately $45.28 million, adding to their accumulation streak that now totals 2,460 BTC at an average entry price of $78,966.

This purchase was made during a period when the Bitcoin price declined. Currently, the price sits at $83,827.93, which is within the Bollinger Bands. The upper resistance level is $88,168.68, and the lower support level is $82,043.78.

The 50-EMA at $82,328.22 acts as immediate structural support for Bitcoin, while the 200-EMA at $77,168.79 anchors the broader bullish trend.

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