A whale recently made a significant move in the Bitcoin market, accumulating 4,200 $BTC at an average price of $60,120. In total, this whale now controls 11,050 BTC, according to data from Spotonchain. Since August 30, the whale has pulled out a net 4,200 BTC (approximately $252 million) from Binance, with the most recent withdrawal happening just hours ago.
Interestingly, this whale had sold 8,050 $BTC ($480 million) between June 28 and July 9, when Bitcoin was trading around $60,400. After their sell-off, Bitcoin’s price dropped by roughly 12%. With this new accumulation, the whale's total BTC holdings now stand at an impressive 11,050 BTC, worth about $640 million.
