A Bitcoin whale has recently moved 1,100 BTC ($106.4 million) to Binance, according to on-chain analytics platform Spot On Chain. The whale had accumulated 5,700 BTC from Binance between March and December 2024, purchasing at an average price of $81,418. With the current price at around $96,800, the whale now holds 4,598 BTC, worth approximately $444.6 million, resulting in a total gain of $86.9 million or 18.7%. This significant BTC transfer has sparked speculation about potential strategic repositioning or selling pressure in the market. The market could experience volatility if there are more sell orders as a result of this move.



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