WBTC Whale Makes Notable $21.73M Deposit to Binance Amid Price Consolidation

A significant Bitcoin (BTC) whale has made a notable move by depositing $21.73 million to Binance since August 10, according to recent data.

The whale's accumulation of WBTC (Wrapped Bitcoin) began in 2022 across four addresses that initially started below $20,000 and added 178 tokens at an average price of $73,286 during the decline from 2025-2026.

Currently, the price action on the 4-hour chart shows WBTC trading at $78,876.93, testing resistance from the EMA50 at $78,962.34 while the EMA200 at $73,758.86 anchors longer-term support.

The MACD death cross at -36.93 reinforces bearish momentum even as a neutral RSI at 44.87 keeps price inside Bollinger Bands bounded by $80,248.17 resistance and $78,781.05 support, suggesting near-term consolidation ahead of any potential breakout in WBTC price scenarios.