Bitcoin whale moves over $20 million worth of BTC to Binance
The Block
A Bitcoin whale transferred approximately 300 BTC worth over $20 million to the Binance exchange amid ongoing large-scale market movements.Summary
A Bitcoin whale recently transferred 300 BTC, valued at over $20 million, to the Binance exchange. Data from Arkham Intelligence reveals that the wallet, which had accumulated 513 BTC between January and March 2025 at an average price of $97,541, still retains about 200 BTC. While the motivation behind the transfer remains unconfirmed, such moves often precede selling, which would result in a loss given current market prices near $68,692. This activity follows a series of recent large-scale Bitcoin movements observed throughout the crypto market.
(Source：The Block)