The whale reappeared, withdrawing 533.5 BTC from Binance in 5 hours, worth more than 31 million US dollars! Will the market trend change?
On August 16, according to monitoring data, a whale withdrew 533.5 bitcoins from Binance in the past 5 hours. Based on the average price of 58,237 US dollars, the total value is about 31.07 million US dollars. Such a large-scale capital flow has undoubtedly aroused great attention and speculation in the market.
The large-scale withdrawal of whales is usually regarded as an important indicator of market direction. The large-scale withdrawal of funds in such a short period of time may indicate that market participants are worried about the future market, or that the whale is preparing for the next big move. Investors need to pay close attention to subsequent market trends and adjust their investment strategies reasonably.
In the ever-changing crypto market, every operation of the whale may bring huge market fluctuations. Follow Boshi to learn about the latest market trends, and understand the market logic behind it with me, and seize every potential opportunity!
