Just in the past few days, everyone is shouting that the bull market has peaked and Bitcoin is going to drop below 60,000, but the big whales are buying the bottom again! Bitcoin rebounded to above $65,000, so the top and bottom have different standards in the eyes of different people!
On June 20, according to Binance market data, Bitcoin rebounded above $65,000 and is now quoted at $65,086, with a 24-hour decline narrowed to 0.15%.
A whale/institution bought 6,570 BTC from CEX 7 hours ago, equivalent to about $427 million
According to the monitoring of on-chain analyst Ember, 7 hours ago, a whale/institution address withdrew 6,570 BTC (US$427 million) from exchanges such as Binance.
This whale/institution had previously withdrawn more than 38,000 BTC from Binance and OKX at a price of about $18,500 at the bottom of the market in October-December 2022.
Then, between March 2023 and the beginning of this month, about 35,200 BTC were transferred to Binance at an average price of about $45,800, and the profit may exceed $962 million.
