🚨Bitcoin whales are on the move again! $476 million BTC transferred, Binance players stay alert
Bitcoin whales have made big moves again! 7 hours ago, an early whale transferred 40,192 BTC (approximately $476 million) to a new wallet.
Looking back two days ago, this whale had transferred 40,009 BTC (approximately $471 million) to Galaxy Digital and exchanges, after which BTC dropped from $117,685 to $115,967 within 12 hours.
Frequent transfers by whales may trigger market volatility in the short term. Binance players need to be cautious: whale movements often influence sentiment; if there is significant selling pressure, prices may come under strain; if it is just a "wallet shuffle," it may also create fluctuations.
In terms of operations, spot traders shouldn't panic, focus on key BTC support (between $115,000 - $116,000); contract traders should play lightly, set proper stop losses, keep an eye on whale movements, and follow the market rhythm.~
