$BTC is not done yet… the chart is starting to look spicy.
After sweeping the lows, Bitcoin bounced strongly and is now holding around the 60,300 zone. Buyers are trying to build pressure again, and the next breakout area is near 61,115.
Entry: 60,200 – 60,500
Targets: 61,115 ➜ 61,950 ➜ 62,500
Stop Loss: 58,350
As long as $BTC holds above 60,000, bulls still have control in the short term. A breakout above 61,115 can open the way toward 61,950+.
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🚨JUST IN: JAPAN'S METAPLANET NOW HOLDS 43,000 BITCOIN AFTER $221M BTC BUYING SPREE
Metaplanet added 2,823 #BTC for roughly $221 MILLION in the second quarter, bringing its total holdings to 43,000 BTC.
It now sits just behind Twenty One Capital, the second-largest corporate Bitcoin holder with roughly 43,514 BTC.
The real question is ? Chun Wang taking profits... or cutting losses?
Over the past 2 days, Chun Wang has deposited 16,842 $ETH (worth $26.9M) and 60 $WBTC (worth $3.6M) to Binance.
Earlier this year, he accumulated:
86,998 ETH for $152M at an average price of $1,749 973 WBTC for $60.7M at an average price of $62,418
If these deposits are meant for selling, both positions would be in the red based on his average entry prices. Whether he's reducing exposure or simply moving funds, it's definit...
This whale has a simple $ETH strategy: buy, stake, repeat.
Whale 0x2684 just withdrew another 5,926 ETH (worth $9.58M) from Binance.
Over the past 2 days, the wallet has accumulated 15,802 ETH (around $25M) from Binance, and staked every single coin.
Just buying #ETH and locking it up for the long term.
Address: 0x268448f31594F4636D03cBB4E813b94801E47643
{future}(ETHUSDT)
{spot}(ETHUSDT)
‼️#Bitcoin Exactly Rejected from the same zone I mentioned yesterday.
$BTC delivered another textbook reaction.
The $61,300 level acted as the lower trendline resistance almost perfectly, triggering the rejection I was expecting.
At the same time, the green trendline around $58,200 once again held as support, keeping the current structure intact.
As long as that trendline remains unbroken, buyers still have a chance to challenge the next resistance.
📍 Resistance Zones
🔴 $61,400 – $62,000
...
Is Chun Wang(@satofishi) selling his $ETH and $WBTC at a loss?
Over the past 2 days, #ChunWang has deposited 16,842 $ETH($26.9M) and 60 $WBTC($3.6M) into #Binance.
Previously, he bought 86,998 $ETH($152M) at $1,749, and 973 $WBTC($60.7M) at $62,418.
https://x.com/lookonchain/status/2070477670941651026