Popular cryptocurrency analysis platform lookonchain a whale in a post he made yesterday 1,750 Bitcoins to Binance wrote that he sent.
This whale has been on Binance before BTC Stating that he sent it and made a sale afterwards, Lookonchain said that after these sales, there was a decrease in BTC, and that it was necessary to be careful in case there was a decrease again.
Lookonchain’s warning came true, and the whale’s BTCAfter moving its .
Quoting the previous warning post, Lookonchain wrote:
“Bitcoin price dropped 3% again after this whale moved.”
Bitcoin, which experienced a sudden and sharp 3% decline yesterday, fell to $ 26,300.
Lookoncahin made the following statements in his warning post:
“A whale deposited 1,750 Bitcoin ($48M worth of Binance) about 30 minutes ago.
Whale had deposited 5,791 BTC (worth $163M) on April 21. Then the price of Bitcoin dropped by about 3% in 5 hours.
Maybe the whale will not sell the 1,750 Bitcoins it sent to Binance, maybe it will. We don’t know that at the moment, but in any case, keep an eye on BTC price changes.”
the price of $BTC dropped ~3% again after this whale moved. 🧐https://t.co/aIRsebH12n pic.twitter.com/jrKdBKybbK
— Lookonchain (@lookonchain) May 19, 2023
While waiting for Fed Chairman Jerome Powell’s speech on Bitcoin BTC At the time of writing, it stands at $26,905.
*Not investment advice.
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