BTC Metric Shifts Trigger 20,775 BTC Movement to Binance and Coinbase. 😨
- An anonymous wallet transferred 10,000 BTC to Binance, valued at $345,041,344, after the Fear and Greed Bitcoin Index shifted to the Greed zone.
- The Greed zone suggests the market may be overheated, potentially leading to a market correction as investors look to take profits.
- Another substantial 7,000 BTC was moved to Bitfinex by an anonymous whale.
- Additionally, 10,775 BTC was sent to Coinbase in five transactions, totaling $374,025,032.
- Bitcoin has been trading in a relatively stable range, with recent fluctuations, including a 15% growth, but it's currently at $34,732 on the Bitstamp exchange.