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Crypto

BitMEX Sees 105 BTC Withdrawal Worth $6.66 Million

Guavy AI Editorial Team
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BTC
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A significant Bitcoin withdrawal occurred on BitMEX, one of the largest cryptocurrency derivatives exchanges. A total of 105.06 BTC was withdrawn, valued at approximately $6.66 million. Of this amount, 100 BTC was moved to a new wallet, while 5.055 BTC was sent to a linked address controlled by the same entity.

The price action of Bitcoin is currently bearish on the four-hour chart, with both the EMA50 and EMA200 indicators pointing downwards. However, the RSI (Relative Strength Index) is neutral at 48.5, indicating limited downside potential before any test of upper-band resistance near $65,193.81.

The transaction raises questions about on-chain Bitcoin movements and technical analysis in 2026, which will be closely monitored by institutional desks.

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