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Whale Deposits 200,000 BNB to Binance: $103 Million Transaction

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By on July 8, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Whale Deposits 200,000 BNB to Binance: $103 Million Transaction appeared first on Coinpedia Fintech News

A major whale, known as capybara_bnb, deposited 200,000 BNB to Binance at 18:16 UTC+8 today, according to BscScan. The deposit, valued at approximately $103 million, is a significant movement of funds in the Binance ecosystem. Despite this large transaction, capybara_bnb still holds a substantial balance of 204,609,000 BNB, worth around $105 million. This activity has caught the attention of the cryptocurrency community, speculating on potential market impacts.

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