Mysterious Whale Moves $420M in Bitcoin to Binance
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3 Articles
According to ChainCatcher, on-chain analyst Ember monitored that a whale opened a short position of 1,100 BTC at a price of $64,487 seven hours ago, with a position value of $70,410,000. Currently, the floating profit is $530,000, and the liquidation price is $66,305.
A mysterious whale just funneled 6,494 BTC into Binance, triggering massive sell-off fears
Over three weeks, a Bitcoin address took in more than 6,494 BTC and moved its full confirmed balance, with nearly all of the traced coins traveling through transactions that also paid a wallet historically attributed to Binance. The flow was worth roughly $423 million, placing a substantial block of BTC within reach of exchange infrastructure. The ledger cannot identify a single owner, distinguish a customer deposit from Binance’s own wallet sta…
Mysterious Whale Moves $420M in Bitcoin to Binance
Traders scanning the order books got a surprise when a whale deposited 6,494 Bitcoin, valued at approximately $420.5 million, to Binance over the past three weeks. This deposit has sparked interest among market participants, particularly given the potential implications for Bitcoin’s liquidity and...
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