💰 An unknown whale transferred almost $2 billion in BTC to Binance
According to market analysts, a total of 75,177 BTC, equivalent to $4.73 billion, were sent from this address to two other addresses, "3PXBET" and "1Pzaq". The latter is the address of a Binance cold wallet that received 30,000 BTC of this amount on August 27.
🏷 Large transfers of bitcoin to an exchange can often have a significant impact on the price of a digital asset. When large amounts of bitcoins are transferred to an exchange, it can signal to the market that a mass sale is possible, which leads to an increase in supply on the exchange.
