Analyzing Bitcoin's 6.6% Decline Today: Insights from On-Chain Transactions
The decline in Bitcoin's value by 6.6% today has caught attention. Notably, a #Binance deposit wallet has been active, moving 4,637 $BTC (equivalent to $329 million) to the Binance hot wallet within the past 24 hours.
Interestingly, during the previous drop in Bitcoin's value on March 5th, the same deposit wallet moved 4,876 #BTC (worth $319 million) to the Binance hot wallet.
The data presented is courtesy of LOOKONCHAIN#BTC $BTC
The decline in Bitcoin's value by 6.6% today has caught attention. Notably, a #Binance deposit wallet has been active, moving 4,637 $BTC (equivalent to $329 million) to the Binance hot wallet within the past 24 hours.
Interestingly, during the previous drop in Bitcoin's value on March 5th, the same deposit wallet moved 4,876 #BTC (worth $319 million) to the Binance hot wallet.
The data presented is courtesy of LOOKONCHAIN#BTC $BTC