With Bitcoin Under $80k, Two Whales Send BTC Worth $206M to Coinbase
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8 Articles
Bitcoin faces $200 million whale deposits as price hovers ab
🐋 Whale deposits of $200 million in $BTC reach exchanges, igniting selling concerns. 💹 Bitcoin price holds just above $80,000 after sliding from its recent $87,000 peak. 📉 Open interest drops $6 billion since September, traders eye key technical levels. Continue Reading:Bitco...
Bitcoin faces $200 million whale deposits as price hovers above $80,000
🐋 Whale deposits of $200 million in $BTC reach exchanges, igniting selling concerns. 💹 Bitcoin price holds just above $80,000 after sliding from its recent $87,000 peak. 📉 Open interest drops $6 billion since September, traders eye key technical levels. Continue Reading:Bitcoin faces $200 million whale deposits as price hovers above $80,000
Bitcoin Price Under New Pressure As Whales Move $200M
Bitcoin faces renewed selling pressure as reports of $200 million in whale deposits emerge. BTC trades below its 50-day moving average, with $76,813 support and $82,124 resistance likely to shape its next short-term move.
Two Bitcoin wallets that had been asleep since 2023 suddenly woke up to transfer 2,571 BTC — about $206.5 million — to the Coinbase Prime institutional platform. The operation was executed with just three minutes of difference: the first direction emptied 986,31 BTC and the second sent 1,584,98 BTC to the same deposit account, which was ... Read more
Two portfolios without relevant activity since 2023 moved BTC 2,571, valued at about $206.5 million, to Coinbase Prime with just three minutes of difference. The movement coincided with Bitcoin below USD $80,000 and with Coinbase’s premium on negative ground, although the deposit alone does not confirm a sale.
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