Major Bitcoin Whale Alert: What’s the Next Move?
When market assets become vulnerable, they attract attention from every direction. The recent transfer of a large amount of Bitcoin ($BTC) to Binance has caught the eye of many, hinting at potential market movements ahead. Just an hour ago, a whale address moved 394 BTC to Binance—Bitcoin that was purchased merely two weeks ago. 🧐
Whale on the Move !!
On August 17, on-chain data revealed that an address starting with "bc1q5" deposited 414.123 BTC to Binance. This Bitcoin was acquired at an average price of $52,828, and if sold, it could generate a staggering profit of $1.95 million. 💰
But here’s where it gets even more interesting: the address still holds a whopping 6,291 BTC, valued at around $361 million. This accumulation, which took place over the past 13 months, seems to indicate that a significant institutional player is behind it. The big question now is—what will they do next? 👀
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