Oct 9, 20:37
26.22 $BTC just slid into a Binance hot wallet. That's roughly $2.16M at today's prices, and it takes that wallet's stack to 13,987.77 BTC.
I'll be honest, when coins move onto an exchange in one big chunk, my first thought is: someone's lining up to sell. Could be a cold wallet reshuffle, could be nothing. But coins that sit on an exchange can hit the market in minutes, so this is one I'll keep in the back of my mind next time $BTC price action looks heavy.
Not financial advice.
#BTC #WhaleWatch #Crypto
26.22 $BTC just slid into a Binance hot wallet. That's roughly $2.16M at today's prices, and it takes that wallet's stack to 13,987.77 BTC.
I'll be honest, when coins move onto an exchange in one big chunk, my first thought is: someone's lining up to sell. Could be a cold wallet reshuffle, could be nothing. But coins that sit on an exchange can hit the market in minutes, so this is one I'll keep in the back of my mind next time $BTC price action looks heavy.
Not financial advice.
#BTC #WhaleWatch #Crypto