✉news BusinessCrypto first seen 8 h ago, last 8 h ago, peak #36
Bitcoin whales move $30.5 billion to Binance
Original: Why are Bitcoin whales sending $30.5B to Binance?
Large Bitcoin holders, known as whales, have reportedly transferred around $30.5 billion worth of Bitcoin to Binance, the world's largest cryptocurrency exchange. Such large inflows are often read as a signal that holders may be preparing to sell, prompting debate among crypto traders and analysts about what the moves mean for Bitcoin's near-term price direction.
Why now: Big exchange inflows by whales are widely watched as a potential signal of imminent selling pressure on Bitcoin.
Evidence
- Why are Bitcoin whales sending $30.5B to Binance? · Crypto News
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