In a recent development, an unknown major whale transferred 666 BTC, equivalent to about $54.29 billion, to major crypto exchange ByBit. This transfer has caused concern among crypto enthusiasts, as large deposits on centralized exchanges are often seen as a sign that the sender plans to cash out. As a result, the price of BTC actually fell after the transfer. However, it is worth noting that the sender still holds a substantial amount of BTC, with 59,699 BTC remaining in their address.



Other News from Today