A Bitcoin whale address moved 949.7 BTC to Binance and Deribit, with the transfer valued at about $77.55 million, according to a post cited by Techub from on-chain tracker @OnchainLens. The activity was described as a possible sign that the holder is preparing to sell. In a separate move, the same address transferred another 4,150 BTC, worth roughly $337.7 million, to a self-custodied wallet. @OnchainLens added that this wallet had previously sent funds to exchanges as well. The transfers point to a notable reshuffling of holdings across exchange and self-custody addresses, though no completed sale was confirmed in the source material.
Techub News, citing a post from @OnchainLens, reported that a Bitcoin whale address deposited 949.7 BTC to Binance and Deribit. The transfer was valued at about $77.55 million and was described as a possible sign that the holder is preparing to sell.
The same address also moved 4,150 BTC, worth about $337.7 million, to its own wallet. According to @OnchainLens, that wallet had previously transferred funds to exchanges.
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