A Bitcoin whale, holding 8,000 BTC ($699 million), has transferred 2,000 BTC ($176.7 million) to a cryptocurrency exchange, potentially indicating a plan to sell. This transfer was captured by Lookonchain, a crypto-tracking account on Twitter. The whale has previously sold 2,000 BTC for $132.4 million. The recent transfer to Binance, one of the largest crypto trading platforms, is expected to impact Bitcoin's price, which has already declined by 2.1%. Analysts and investors are closely monitoring the whale's activities for potential market fluctuations.
- Content Editor ( blockchainreporter.net )
- 2024-11-14
Mega BTC Whale Makes Waves: $176.7M Worth Transferred for Potential Sell-Off