Jump Crypto transferred another 286.83 BTC (~$18.01M) to Binance, bringing this week's total deposits to 1.56K BTC (~$99.2M) with 1.41K BTC (~$88.58M) still remaining.
Market makers route coins to exchanges for inventory management and two-sided quoting rather than outright liquidation, so these flows do not automatically signal a crypto market crash.
Bitcoin trades at $62992.1 inside the Bollinger Bands with upper resistance at $64011.96 and lower support at $62612.58 while the 4-hour structure remains bearish below both the EMA50 at $63736.71 and EMA200 at $63691.18; RSI at 37.33 sits neutral and MACD at -292.23 has printed a golden cross, suggesting any push toward upper-band resistance will likely meet supply before a retracement tests the 50-EMA confluence zone.
