Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»EXCHANGE NEWS»Whale Withdraws 1,000 BTC Worth $574 Million From Binance
EXCHANGE NEWS

Whale Withdraws 1,000 BTC Worth $574 Million From Binance

By Crypto FlexsSeptember 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Whale Withdraws 1,000 BTC Worth 4 Million From Binance
Share
Facebook Twitter LinkedIn Pinterest Email

A whale address that sold $467 million worth of Bitcoin in July withdrew 1,000 BTC (about $574 billion) from Binance two hours ago.

As reported by Spot on Chain, overall, whale addresses have withdrawn 2,000 BTC from Binance over the past four days, at an average price of $58,525. Previously, whale addresses deposited 7,790 BTC (~$467 million) to Binance between June 27 and July 8, at an average price of $59,953. During this period, the Bitcoin price fell by 14%.

The whale that reportedly threw away $467 million worth of money $Bitcoin Another 1,000 was withdrawn in July. $Bitcoin ($57.4M) from #Binance ~20 minutes ago at the very bottom.

In total, the whale withdrew 2,000. $Bitcoin ($117M) Bought on Binance for an average of about $58,525 over the last 4 days.

Previously, whales… https://t.co/ml1Kaaoj12 pic.twitter.com/17rv7uBzdR

— Spot on Chain (@spotonchain) September 2, 2024

The wallet holder still holds it 8,559 Bitcoin worth it $494 million.

Whale Withdraws 1,000 BTC Worth $574 Million From Binance
Etiquette: Spot on Chain

Bitcoin has already fallen 1.4% in the last 24 hours and is currently trading at $57,724.44. Bitcoin has already bled over the past month, falling 6.2%. This transfer occurred at a time when other top anonymous wallets and whales were inactive. However, there is a possibility of a sudden selloff following this move.

What happens to Bitcoin in September depends on Bitcoin ETF inflows. If institutional capital continues to show confidence in the cryptocurrency, the BTC price could remain above the key support level of $60,000 in September. Nevertheless, no major moves are expected before the US elections.
Also Read: As Bitcoin Stuck Near $60,000, Could a Wedge Pattern Signal the Next Big Move?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Dogecoin (DOGE) after collision

June 23, 2025

Litecoin Key Support in Focus Price Eye Brake Out Determination

June 20, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Decentralized Science Is Like DeFi in Early 2019: Crypto VC

November 25, 2024

Coinbase’s $20 Million AERO Investment Review: ‘Think Why…’

November 17, 2024

Hong Kong SFC takes action against fake cryptocurrency exchange websites

March 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.