Riot Platforms Unloads $732 Million in Bitcoin Amid Market Pressure

Riot Platforms has continued its Bitcoin sales into this year, selling 9,665 BTC in the first half of 2026. This is according to on-chain data from @lookonchain. The total value of these sales amounts to a significant $732.46 million at an average price of $75,785 per coin.

The impact of Riot's Bitcoin sales on market pressure remains a key driver in the ongoing cryptocurrency saga. As regulatory filings continue to surface with details about the company's holdings and past sales, investors are keeping a close eye on the situation.

Currently, Bitcoin is testing its upper Bollinger resistance at $64,388.66, while the Relative Strength Index (RSI) sits at 63.58. A healthy retracement to the 50-EMA support level of $63,661.76 appears probable before further continuation. The MACD indicator also holds a bullish golden cross at 187.02 inside the bands.