$BTC

Were Binance Whales the Cause of Bitcoin's Drop? 🤯

On June 16, Binance whales made profits of $2.6 billion - the second largest increase in the platform's history.

Immediately after that, the price of Bitcoin sharply dropped from $105.8K. Is it a coincidence? Perhaps not.

Binance alone contributed more than 57% of the total profits realized that day.

This is a strong signal. When large funds flow into Binance, the entire market is affected.

Perhaps the smart capital holders made profits at the peak.

Is this the beginning of a deeper correction - or just a rebound?

👉 What do you think? Leave a comment and share this.