Bitcoin-Based Altcoin Listed by Binance Faces Major Selling Pressure!

The listing of Bitcoin (BTC)-based meme coin SATS (Ordinals) by Binance, the world’s largest cryptocurrency exchange, mobilized whales.

Binance 12 December on BRC-20 With the listing of its project Sats, millions of dollars of whale transfers were seen. By on-chain analysis platform Lookonchain transmitted According to the data, with the opening of deposit transactions intense interest seen in a short time $189.45 million worth 402.7 trillion SATS Deposited to Binance.

On the other hand, it is thought to probably belong to the same person. 8 different addresses His transfers also attracted attention. The 8 cryptocurrency wallets in question are, $31.8 million worth 65.7 trillion SATS via the same deposit address to Binance transferred.

While the fact that such a large amount of SATS is in the hands of individual users makes some investors nervous, the project ORDI Whether it will perform as well or not remains unknown.

According to CoinGecko data, in the last 24 hours 4.5% value loser SATSduring writing From $0.0000004731 is being traded.


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