Whale Accumulates 3,000 BTC from Binance Over 3 Months
A major #Bitcoin whale, identified as wallet bc1q5r, has withdrawn 500 $BTC ($59.53M) from #Binance in the last 6 hours. This latest move adds to a series of massive withdrawals over the past three months.
On-chain data reveals that this whale has pulled 3,000 $BTC ($355M) from Binance during this period, with an average acquisition price of $109,895 per $BTC . Such aggressive accumulation suggests strong conviction in Bitcoin’s long-term upside, especially as market sentiment remains bullish.
Large-scale withdrawals like this often reduce exchange supply, potentially tightening liquidity and adding upward pressure to prices. With the whale steadily increasing holdings, market watchers are keeping a close eye on Bitcoin’s next move.
#DeFiGetsGraded #CPIWatch #BTCOvertakesAmazon #BTCReclaims120K
On-chain data reveals that this whale has pulled 3,000 $BTC ($355M) from Binance during this period, with an average acquisition price of $109,895 per $BTC . Such aggressive accumulation suggests strong conviction in Bitcoin’s long-term upside, especially as market sentiment remains bullish.
Large-scale withdrawals like this often reduce exchange supply, potentially tightening liquidity and adding upward pressure to prices. With the whale steadily increasing holdings, market watchers are keeping a close eye on Bitcoin’s next move.
#DeFiGetsGraded #CPIWatch #BTCOvertakesAmazon #BTCReclaims120K
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BTC
113,605.64
-1.16%
