$BTC Binance Transfers $2.35 Billion in Bitcoin! Why is the Crypto Market So Calm? 🔍💸
On April 25, 2025, Binance transferred 25,177 Bitcoins from its internal wallet, worth $2.35 billion! This massive transfer occurred at Bitcoin block #893894, quickly attracting the attention of analysts and the crypto community. However, the impact on the market has been minimal. 🤔
This transfer reflects Binance's operational strategy, which typically involves rebalancing custodial funds within the exchange rather than user withdrawals. The price of Bitcoin actually rose, indicating that market confidence remains strong. 📈
Currently, Binance has not commented on this transaction, and regulators have also made no statements. Analysts are awaiting Binance's reserve report for more financial management information.