A post by @whale_alert on X.
7,499 $BTC (575,068,641 USD) transferred from unknown wallet to #Bina…
@whale_alert on X
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7,499 BTC, worth approximately $575.07 million, was transferred from an unknown wallet to Binance, according to blockchain tracker Whale Alert. Large inflows to exchanges are often read by traders as potential sell-side pressure, though they can also reflect custody or internal exchange movements. The transfer ranks among the larger single Bitcoin transactions of the day, given Bitcoin's total market cap of roughly $1.1 trillion. Watch for whether Binance's BTC balance continues rising and whether spot selling follows.
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Named in this story
Bitcoin (BTC), Binance
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