Crypto
Whale Buys 1,075.6 BTC at $79,412 Average
A significant transaction has taken place in the Bitcoin market, with a whale purchasing 1,075.6 BTC at an average price of $79,412 over the past four days via Thorchain addresses.
The total value of this transaction amounts to approximately $85.42 million in USDC.
Currently, the Bitcoin price is trading at $77,384.36, with the 50-EMA resistance at $78,136.65 acting as an immediate overhead supply.
The MACD golden cross at -373.08 suggests building trend strength, but a neutral RSI reading of 43.04 leaves room for a potential pullback to the lower band support at $76,442.52 before any sustained move higher.