Bitcoin whales performed 1 transactions in the recent 24 hours. BTC/USD retreated from the recent high to trade at $9,500. An increased network activity has been registered on Bitcoin blockchain in the recent 24 hours. Whales performed ten transactions totaling 29,986 BTC ($287.9 million), the cryptocurrency analytical service Whale Alert. Three transactions worth 13,049 BTC ($125.7 million) were sent from the cryptocurrency exchange Binance to anonymous addresses. Another four transfers worth 10,294 BTC ($99.1 million) were made from unknown wallets to Binance and OKEx exchanges. The last three transactions were made between cryptocurrency addresses and custodial services. The largest transaction of 5864 BTC ($56.4 million) was made from an anonymous wallet to Binance. The smallest 1143 BTC ($11 million) was sent from the Xapo exchange to an unknown address. Large transactions between exchanges and unknown wallets are nothing new. In the end of May Bitcoin whales moved 17,320 BTC from the cryptocurrency exchanges in a few hours. In mid-May, a few days after halving users have withdrawn from the stock exchanges $233 million. BTC/USD: Technical picture At the time of writing, BTC/USD is hovering below $9,400, down 2.6% since the start of the day. The coin touched the recent high of $9,700 on Monday, June 22, but failed to hold the ground and retreated to $9,294 ahead of the US opening amid the sell-off on the global stock markets. Despite the recovery, BTC/USD is still moving with a short-term bearish bias amid low volatility. On a daily chart, BTC/USD dropped below daily SMA50 currently at $9,450. The sell-off is likely to gain traction with the next focus on $9,270 (the lower border of the recent consolidation channel) and $9,000 followed by $8,899 (the lowest level since June 15). On the upside, a sustainable move above $9,600 is needed to bring the recovery back on track. The next local resistance is created by the weekly high of $9,700, though the ultimate barrier comes at $10,000. According to Mike Novogratz from Galaxy Digital. This barrier is pivotal for Bitcoin’s further recovery. BTC/USD daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CHF climbs above 0.9470 on broad USD strength FX Street 2 years Bitcoin whales performed 1 transactions in the recent 24 hours. BTC/USD retreated from the recent high to trade at $9,500. An increased network activity has been registered on Bitcoin blockchain in the recent 24 hours. Whales performed ten transactions totaling 29,986 BTC ($287.9 million), the cryptocurrency analytical service Whale Alert. Three transactions worth 13,049 BTC ($125.7 million) were sent from the cryptocurrency exchange Binance to anonymous addresses. Another four transfers worth 10,294 BTC ($99.1 million) were made from unknown wallets to Binance and OKEx exchanges. The last three transactions were made between cryptocurrency addresses and custodial services. The largest transaction… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.