Bitcoin Whale Transaction: BTC Price Drops $800 As Whale Transfers 1,800 BTCs To Binance!

By Staff of Crypto Adventure

Thursday, July 4, 2024 5:23 AM EST

Selective Focus Various Bitcoins Dark Surface — Stock Photo, Image

90 minutes ago, a giant whale/institution reportedly deposited another 1,800 BTCs worth $106 Million to Binance. Moreover, this recent transaction has led to the price of Bitcoin dropping from $63.8K to $63K within a short period. Collectively, over the past seven days, this whale has deposited a total of 5,281 Bitcoins worth $323 Million to Binance with an average price of $61,196 and a loss of approximately $20 Million. Currently, the whale holds 6,068 BTCs worth $358 Million.

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