Bitcoin Whale Transfers Huge BTC To Binance; Price Crash Ahead?

2 months ago 33

Why Whales' Movements Have Yet to Fully Reflect on Bitcoin's Price Action

A Bitcoin whale has transferred 850 BTC ($104,913.51) worth approximately $57.3 million to Binance. This adds to previous asset movement to centralized crypto exchanges as some analysts flag a correction. Although the asset’s price has been up in the last seven days, flows to exchanges can spell an imminent sell-off. Crypto whales and institutional traders have recently shaped the market with huge trades since the a...



BitNews shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite