Crypto
Bitcoin Whale Unloads $1.7M After 15-Year Hold
A long-held Bitcoin wallet has moved a significant amount of cryptocurrency after nearly 15 years. The wallet, which has been active since 2010 and linked to Mt. Gox and Silk Road, shifted 20.43 BTC (~$1.7M) recently.
The move comes as the price of Bitcoin sits at $83,586.62 within its Bollinger Bands, with an upper resistance at $85,174.38 and lower support at $82,603.93.
The 50-EMA is acting as immediate floor above the 200-EMA, while the RSI remains neutral at 47.83. However, the MACD death cross at -153.36 signals fading momentum, suggesting a potential test of the 50-EMA support before any rebound.