Oct 10, 15:01 — Binance keeps stacking $BTC .
Another 59.2 BTC (~$4.91M) landed in the same Binance hot wallet this afternoon, pushing its balance past 15,716 BTC. Add the two big chunks from this morning (~529 BTC, ~$43M) and this wallet has now absorbed roughly 588 BTC in a single day.
Same read as this morning: inflows this size are either positioning or plumbing. I'm watching $BTC spot flow over the next day or two for the follow-through.
Not financial advice.
#Bitcoin #BTC #WhaleAlert #OnChain
Another 59.2 BTC (~$4.91M) landed in the same Binance hot wallet this afternoon, pushing its balance past 15,716 BTC. Add the two big chunks from this morning (~529 BTC, ~$43M) and this wallet has now absorbed roughly 588 BTC in a single day.
Same read as this morning: inflows this size are either positioning or plumbing. I'm watching $BTC spot flow over the next day or two for the follow-through.
Not financial advice.
#Bitcoin #BTC #WhaleAlert #OnChain