Bitcoin Whales' Large Transactions within 15 Minutes Cause Price Fluctuations
Publication Time:2024-09-06 16:01:07
According to on-chain analyst Ashes monitoring data, this whale has been withdrawing 2,322 bitcoins from Binance at a price of $58,604 per bitcoin over the past few days, amounting to a total value of $136.1 million. However, in this period, just 15 minutes ago, the whale transferred 1,000 bitcoins to the Binance platform, which caused a temporary drop in the price of Bitcoin, resulting in a loss of $2.97 million. This large transaction not only reflects the influence of whales in the market but also highlights the high volatility of the cryptocurrency market.
Bitcoin
Binance
Price Fluctuations
whale transactions