Bitcoin (BTC) and cryptocurrencies In the midst of the current crypto winter, it experienced sharp drops.
Market and investors in the shadow of sharp declines crypto- continues to carefully monitor the data that may affect the prices of the currencies.
In this context, Maartun, the community manager of CryptoQuant, a South Korean-based on-chain analytics company, shared a message on his Twitter account. bitcoin whale at once 6,000 Bitcoins He shared that he transferred.
Analyst, BTC This transfer of the whale is the world’s largest cryptocurrency exchange. BinanceHe stated that he did it in a single transaction.
The whale transferred 6,003.59 Bitcoins worth approximately $118 million to an anonymous address.
CryptoQuant manager maartun He made the following statements in his post:
“6,003.59 Bitcoins worth $118 million were transferred from Binance in a single transaction.
It has been a long time since I have seen such a transaction.”
6,003.59 #BTC ($118,290,000) outflows to #Binance
It’s been a while that we’ve seen a transaction like this.#Bitcoin #Ethereum #Crypto #OnChain pic.twitter.com/31f08JRSzV
— Maartunn (@JA_Maartun) September 4, 2022
BTC Evaluating that the whale probably moved these Bitcoins to the more secure cold wallet, experts interpreted this as showing that the whale has no intention of selling it in the near future.
Experts stated that most of the big crypto money investors prefer to have their money directly when they think about holding their money for a long time.
In this context, such high BTC exits are generally interpreted as a positive signal and bullish sentiment in the market.