A whale recently transferred 200 BTC worth $18.4 million to Binance without warning or buildup. This same whale had previously taken 300 BTC off exchanges back in 2022 and is now sitting on 98.2 BTC worth $9.06 million. The broader market is unstable, with Bitcoin slipping below $90,000 and a high percentage of addresses moving into unrealized losses. Bitcoin is currently in a wide $85,000-$95,000 range with potential for volatility. Traders are speculating on whether this whale's move signals a larger trend, potentially indicating a shift in sentiment and a smart move to secure gains before further downside risk.
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