#Binance Alpha Alert: Whale Activity Surges, $120M in BTC Moved 🚨

In a significant development flagged by Binance Alpha Alert, over $120 million worth of Bitcoin (approximately 1,800 BTC) was moved from a dormant wallet to Binance early this morning. The wallet had remained inactive since 2019, making the sudden transfer a key signal for potential market volatility.

On-chain data indicates the transaction occurred at 03:46 UTC, sparking immediate discussions among analysts and traders. Historically, large inflows like this have preceded price corrections or strategic sell-offs.

Additionally, Binance has seen a 38% spike in trading volume in the past 24 hours, with BTC/USD pairs dominating activity.

This event comes amid heightened anticipation around the upcoming Fed interest rate decision and its impact on crypto markets.

📊 Stay alert. Watch key support at $66,000 and resistance at $69,500.

#Binance #CryptoNews #Bitcoin #AlphaAlert