#CryptoNewss
🐳 $BTC Whale Awakens with $26M Move! 🚀
A long-dormant Bitcoin whale just stirred the market, scooping up 250 BTC ($26.37M) after two years of silence! 😮
According to @lookonchain, this whale previously withdrew 500 $BTC ($13.7M) from Gemini in 2022 at $27,401, now sitting on a massive $39M unrealized profit. 💰
📈 What's Happening?
• BTC is trading at $105,940, but technicals show mixed signals:
• Inverse cup-and-handle pattern with key support at $100,800.
• RSI at 52, hinting at fading bullish momentum.
• A drop below $100,800 could push $BTC to $91,000 (200-day EMA).
• Last week's volatility, fueled by Trump-Musk social media clashes, triggered $1B in futures liquidations. 😱
• CryptoQuant’s Hash Ribbons signal miner capitulation, but potential rallies may follow.
Is this whale's move a sign of bigger things brewing?
🤔 When big players buy, retail often follows, chasing the wave. 🌊 Stay sharp, traders!