Crypto
US Gov Shifts $1.9M in BTC From FTX Wallet Amid Ongoing Transactions
The U.S. government has transferred a substantial amount of Bitcoin from an FTX-related wallet to another address.
The transfer, worth approximately $1.91 million (~24.408 BTC), occurred after a month of larger transfers in the ongoing history of U.S. government Bitcoin transactions.
Bitcoin's price action currently shows it holding a bullish structure above the EMA50 level ($75468.51) while testing the upper Bollinger Band resistance at $80332.06, but the MACD death cross at 839.68 signals fading momentum and points to a likely pullback toward the EMA50 support before any fresh leg higher.