Ireland Recovers Another 500 BTC from Clifton Collins' Lost Bitcoin
- Asset Recovery Progress: Ireland's Criminal Assets Bureau (CAB) successfully recovered another 500 BTC on July 2, 2026, bringing the total seized from Clifton Collins' cryptocurrency stash to 1,500 BTC since March 2026, with a current market value of approximately $30.7 million, demonstrating ongoing efforts by law enforcement to combat drug trafficking proceeds.
- International Cooperation Success: This recovery operation relied on collaboration between CAB and Europol's European Cybercrime Centre, successfully locating and seizing Collins' crypto wallet through a shared operational framework and decryption technology, highlighting the importance of cross-border law enforcement cooperation in tackling cryptocurrency crime.
- Ongoing Recovery Challenges: Despite the successful recovery of 1,500 BTC, approximately 4,500 BTC remains in nine untouched wallets, and CAB has not confirmed whether the same decryption methods can be applied in future operations, posing challenges for further asset recovery efforts.
- Market Impact and Insights: This recovery operation is not only one of Ireland's largest cryptocurrency seizures but also sends a message to the market that even dormant wallets can be traced and seized by law enforcement, potentially influencing Bitcoin supply-side analysis, especially amid current market unease.
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Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT). As of , Drift (DRIFT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIFT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DRIFT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Drift (DRIFT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0131 | 0.0142 | 0.0151 | 0.0162 | 0.0171 | 0.0182 | 0.0191 |
| Fibonacci | 0.0142 | 0.0149 | 0.0154 | 0.0162 | 0.0169 | 0.0174 | 0.0182 |
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