A Bitcoin whale has moved more than $415 million worth of BTC, according to on-chain tracking data cited by ChainCatcher and monitored by Onchain Lens. Of that total, 949.7 BTC worth about $77.55 million was deposited to Binance and Deribit. ChainCatcher said the transfer was likely intended for selling. Another 4,150 BTC, valued at roughly $337.7 million, was sent to the whale’s personal wallet. The report also noted that this wallet had previously transferred funds to exchanges. The transactions point to a split in fund movement, with one portion heading to trading venues and another moved into a self-controlled address.
A Bitcoin whale moved more than $415 million worth of BTC, according to ChainCatcher, citing monitoring by Onchain Lens.
The whale deposited 949.7 BTC, valued at $77.55 million, to Binance and Deribit. ChainCatcher said the move was likely intended for selling.
Another 4,150 BTC, worth about $337.7 million, was transferred to the whale’s personal wallet. The report added that this wallet had previously moved funds to exchanges.
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