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Bitcoin Whale Accumulates 4,500 BTC from Binance Anticipating Higher Prices Ahead

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By on July 30, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Whale Accumulates 4,500 BTC from Binance Anticipating Higher Prices Ahead appeared first on Coinpedia Fintech News

According to whale tracking platform Lookonchain, a significant whale, identified as “12QVsf,” has withdrawn a substantial amount of Bitcoin from major exchanges, likely accumulating amidst an anticipation of higher prices ahead. It withdrew a total of 4,500 BTC, valued at approximately $302 million, from Binance within the last 22 hours. The whale “12QVsf” currently holds 4,500 BTC with an unrealized loss of around $12.12 million. Additionally, Lookonchain identified three wallets, potentially linked to the same whale, that withdrew a combined total of 1,400 BTC from Bitfinex. 

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