{"id":132646,"date":"2024-07-08T14:28:18","date_gmt":"2024-07-08T11:28:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132646"},"modified":"2024-07-08T14:28:18","modified_gmt":"2024-07-08T11:28:18","slug":"crypto-whale-deposits-bitcoin-worth-617-million-to-binance-in-around-10-days","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-whale-deposits-bitcoin-worth-617-million-to-binance-in-around-10-days\/","title":{"rendered":"Crypto Whale Deposits Bitcoin Worth $617 Million to Binance in Around 10 Days"},"content":{"rendered":"<p><strong><a href=\"https:\/\/x.com\/lookonchain\/status\/1810240268886749508\" target=\"_blank\" rel=\"nofollow\">Lookonchain<\/a><\/strong> spotted a very large BTC transfer, that occured around 1 hour ago. An unknown whale transfered 809 BTC worth $45.18 million to the top cryptocurrency exchange Binance.<\/p>\n<p>This move indicates intentions to sell, which could put further preassure on the market.<\/p>\n<p>The same wallet (<strong><a href=\"https:\/\/www.blockchain.com\/explorer\/addresses\/btc\/3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN\" target=\"_blank\" rel=\"nofollow\">3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN<\/a><\/strong>) had deposited 7,790 BTC to Binance since June 27 (11 days ago). These tokens are valued at $468 milliona at the time of writing. The addres currently holds 6,559 BTC worth $379 million.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-much-will-each-investor-get-from-the-bankrupt-crypto-exchange-mt-gox\/\" title=\"How Much Will Each Investor Get From the Bankrupt Crypto Exchange Mt. Gox?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-7177601_1280-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Much Will Each Investor Get From the Bankrupt Crypto Exchange Mt. Gox?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Additionally, 10,845 BTC were sent between two unidentified addreses, amouting to around $617 million, according to data from WhaleAlert.<\/p>\n<p>Although it is good to see increased whale activity in the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> blockchain, such transfers to crypto exchanges and brokers are spreading fear among smaller investors, which sometimes leads to panic selling.<\/p>\n<p>Proof of this is Germany\u2019s recent efforts to sell their Bitcoin holdings. The $2.7 billion they initially held might not seem that much, but it apparently cause serious volatility and Bitcoin reached a multi-month low.<\/p>\n<p>At the time of writing Bitcoin is trading at $57,100 after a 8.8% price drop on the weekly chart and has a 24-hour trading volume of over $32.4 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wealthy crypto investors, also known as whales, have made significant Bitcoin transfers during the past few weeks.<\/p>\n","protected":false},"author":3,"featured_media":105784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-132646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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