Markets· ★★★· bearish·

Whale deposits 4,000 BTC worth $327M to Binance and Deribit in five hours

  • —Whale sent 4,000 BTC worth $327M to Binance and Deribit in five hours
  • —Data comes from on-chain analytics firm Lookonchain
  • —Exchange deposits can signal preparation to sell
Why it matters: A large exchange deposit adds selling pressure on BTC, which is already pinned near $81,000–82,000.
Source: PANews