Crypto
Whale Sells $81.5M Worth of BTC in Single-Day Transaction
A significant Bitcoin whale transaction has taken place, with $81.5M worth of BTC being moved in a single day. The whale sold 1,275 BTC, sending 500 BTC (~$32M) to FalconX, 274 BTC (~$17.5M) to Cumberland OTC, and the remaining 501 BTC (~$31.9M) to a fresh wallet likely bound for Galaxy Digital.
The move comes as price action tests the lower Bollinger support at $64,010.95, while the EMA50 resistance at $64,495.19 caps upside in the bearish structure confirmed by the MACD death cross at -75.66 and neutral RSI at 37.13.
This could signal continued downside pressure on Bitcoin's price, potentially even accelerating a crypto market crash before any recovery in BTC price prediction models or broader AI industry impact flows.