A Bitcoin whale transferred 800 BTC, equivalent to $45.37 million, from Binance 17 hours ago, as per on-chain data. This specific whale has been identified as buying Bitcoin at high prices and selling it at losses.
In the last three months, this individual has made losses totaling over $40 million due to improper trading. This move was made when the market sentiment regarding Bitcoin was relatively positive.
While the increase has been slow and consistent, some are skeptical, especially given the whale’s trading history. This situation has raised concerns over whether the withdrawal signals a price increase.
The whale withdrew 800 $BTC($45.37M) from #Binance again 17 hours ago!
But this whale has always bought $BTC at high prices and sold at lows in the past 3 months, losing more than $40M!
Address:3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN pic.twitter.com/41V9HSlx6k
— Lookonchain (@lookonchain) September 12, 2024
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We współpracy z: https://www.thecoinrepublic.com/2024/09/12/whales-withdrawing-bitcoin-time-to-expect-a-pump/