Cointime

Download App
iOS & Android

Largest Single BTC Deposit Hits Binance Since the Luna Collapse – Over $500M

Over $500 million of Bitcoin got put back onto exchanges as Bitcoin broke through $24,000.

This was the highest amount of sell pressure since May 22, during the Luna collapse.

This selling pressure came from Binance, a whale transaction most likely selling into profits.

This is roughly the equivalent of 20,000 Bitcoin.

(By James Van Straten)

Comments

All Comments

Recommended for you