Bitcoin Moves $21B On-Chain as Analyst Flags $73K Support

Bitcoin recorded over $21 billion in spent outputs linked to holdings above $1 million, with more than 230,000 BTC moving on-chain. Ali Charts reports Bitcoin declines of 27%–72% across four previous U.S. midterm election cycles, though correlation does not prove causation. Ali Charts identifies $73,000 as a key support level near short-term holders’ cost basis, with seller exhaustion and renewed demand worth watching. Bitcoin recorded its largest on-chain movement of 2026, with more than $21 billion in spent outputs linked to holdings worth over $1 million, according to analyst Darkfost. Meanwhile, Ali Charts highlighted past Bitcoin declines around U.S.