Summary
- It has been confirmed that 2666 Bitcoins have been transferred to Binance.
- The transferred Bitcoins are worth approximately 232.2 million USD.
- Large deposits can lead to an increase in selling pressure, potentially increasing short-term volatility.
A large amount of Bitcoin (BTC) has been deposited into Binance.
On the 25th (local time), Whale Alert announced on X that "2666 BTC has been transferred from Binance's custody platform Ceffu to Binance," stating "This is worth 232.2 million USD (approximately 340.4 billion KRW)."
Typically, large deposits into exchanges can lead to an increase in selling pressure, which may cause short-term volatility.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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