MOVE, the Movement Labs token, has just received an additional 45 million MOVE worth $7.85 million from Binance, amid a potential loss of nearly $7.77 million for the Strategic Reserve wallet.
MAIN CONTENT
Movement Labs Strategic Reserve Wallet Added 45 Million MOVE Worth $7.85 Million From Binance.
MOVE price maintains bullish trend, surpassing important bearish resistance with potential to head towards $0.18 – $0.25.
MOVE short positions were liquidated heavily, setting the stage for further upside as it broke the $0.176 resistance zone.
Movement Labs' Strategic Reserve Wallet Just Got a Huge Load of MOVE, What Does It Mean?
The Strategic Reserve wallet received an additional 45 million MOVE from a group of Binance wallets, indicating a targeted addition to the reserve. The total number of tokens in the wallet now stands at 168 million MOVE, worth over $28 million.
The import of Tokens in batches of 5-10 million MOVE proves that this is not a fire sale but a strategic fund management or preparation for internal use.
However, the wallet is recording an unrealized loss of about $7.77 million due to price fluctuations, but still ensures long-term reserve resources for the project.
The continued addition of MOVE to the Strategic Reserve reflects a long-term fund management strategy and preparation for growth, not direct selling pressure.
Onchain Lens Expert, 7/1/2025
How bullish is MOVE price structure analysis?
MOVE price broke above the major bearish resistance level, then successfully retested the support level around $0.165, opening a short-term uptrend.
The MOVE upside momentum could push the price to an immediate target of $0.175, followed by a range of $0.18 to near $0.25 if the bullish structure is not broken.
The MACD technical indicator is approaching the bullish crossover from the bearish zone, signaling the decreasing strength of the sellers and the opportunity to extend the bullish momentum.
MACD is about to form an upward cross confirming the new bullish momentum in the MOVE market, reducing selling pressure and paving the way for higher price targets.
AMB Crypto Market Analysis, July 2025
Indicator/Scenario Direction Price Influence Hold above $0.165 Increase to $0.18 – $0.25 Buying power continues, uptrend is reinforced Price breaks support zone $0.165 – $0.168 Decrease to $0.16 or lower Selling pressure increases, potential downtrend Break resistance $0.176 Increase sharply to $0.185 – $0.195 Leverage for new uptrend, increase liquidity
How does short position liquidation affect MOVE value?
The liquidation heatmap shows that many shorts were pushed out of the market as MOVE rose from $0.16 to $0.175, especially in the $0.165–$0.172 zone.
This zone is considered the "breaking" point of the sellers, creating momentum for the next uptrend and increasing liquidity in the market.
After 0.176 USD, a large amount of liquidity appeared in the upper zone, showing that the short volume will likely gather here, helping to create strong price momentum if successfully broken.
Source: CoinGlass, 1/7/2025
What factors could lead to strong short-term MOVE price fluctuations?
Buying power at support, especially $0.165, is crucial to sustain the rally. Failure to do so could see prices fall to $0.16 or lower.
Conversely, a break of the $0.176 resistance would trigger further massive short liquidations, pushing the price to higher levels of $0.185 to $0.195.
MOVE Token FAQ and Price Trend
What is MOVE?
MOVE is Movement Labs' Token, used in the project's strategic reserve management ecosystem and wallet.Why is Strategic Reserve wallet getting more MOVE?
MOVE is added for long-term fund management or internal use, not for market dumping.How is MOVE price trending?
MOVE price is in a short-term bullish phase, with a potential target above the $0.18 to $0.25 zone if the bullish structure holds.What is the impact of short positions being liquidated?
Short liquidation increases buying pressure and pushes the MOVE price further up, creating a new positive trend opportunity.Will MOVE Price Drop If It Loses Important Support?
If MOVE breaks the $0.165 support zone, it could drop to $0.16 or lower, requiring investors to pay attention to risk management.
Source: https://tintucbitcoin.com/45-trieu-move-roi-binance-phe-tang/
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