4,259 $BTC (~$344M) just moved from Trump Media wallets to Crypto.com, and BTC barely flinched.
What happened:
• Two batches (2,140 + 2,119 BTC) left wallets labeled as convertible-note collateral, about 30% of the 14,139 BTC it reported on Jul 31
• A transfer is not a sale. Earlier moves to the same exchange were described as custody/trading management
• Why it matters: noteholders can demand repayment on Nov 30 (up to ~$1B), and the company has said it may need to sell BTC if refinancing falls short
Chart: $BTC holding $80.6K under the $81.2-81.5K high. Support $79.95K, then $78.0-78.4K. Resistance $81.5K, then $84-85K. Wilder RSI 1D ~51 / 4H ~67.
Watch: a 4H close below $79.95K, or above $81.5K.
Binance now (14:17 ICT):
$BTC $80,664 (+3.3% 24h)
$ETH $2,428.61 (+5.6%)
Custody shuffle or the first step toward selling into Nov 30? Which side are you on?
#Bitcoin #BTC #ETH #CryptoNews
What happened:
• Two batches (2,140 + 2,119 BTC) left wallets labeled as convertible-note collateral, about 30% of the 14,139 BTC it reported on Jul 31
• A transfer is not a sale. Earlier moves to the same exchange were described as custody/trading management
• Why it matters: noteholders can demand repayment on Nov 30 (up to ~$1B), and the company has said it may need to sell BTC if refinancing falls short
Chart: $BTC holding $80.6K under the $81.2-81.5K high. Support $79.95K, then $78.0-78.4K. Resistance $81.5K, then $84-85K. Wilder RSI 1D ~51 / 4H ~67.
Watch: a 4H close below $79.95K, or above $81.5K.
Binance now (14:17 ICT):
$BTC $80,664 (+3.3% 24h)
$ETH $2,428.61 (+5.6%)
Custody shuffle or the first step toward selling into Nov 30? Which side are you on?
#Bitcoin #BTC #ETH #CryptoNews
