A massive Bitcoin transaction just hit the blockchain and itās turning heads across the crypto market. According to on-chain data, 600 BTC worth approximately $64.15 million was moved from a Binance cold wallet to an unknown address just 21 minutes ago.
This follows a series of substantial accumulations:
ā¢ 3 weeks ago: 700 $BTC ($75.39M)
ā¢ 1 month ago: 1,200 $BTC ($130.62M)
All these inflows went to the same wallet address, indicating consistent accumulation by a single whale or institution.
š” Why it matters:
ā¢ The wallet has received nearly 2,500 $BTC in the last 30 days worth over $270 million.
ā¢ The latest purchase amid market volatility signals high-conviction bullish sentiment.
ā¢ This activity often precedes price surges, as whale buying reduces supply on exchanges.
š Investor Takeaway:
Whale accumulation is often the smart money positioning ahead of major market moves. Keep an eye on Bitcoinās price action. This could be the early signal of another leg up.
š Watch the wallet, follow the money.
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