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Crypto

Binance's BTC Reserves Surge to Highest Level Since February

Guavy AI Editorial Team
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Binance's Bitcoin reserves have hit their highest level since February, rising to approximately 667,500 BTC.

This increase of around 51,500 BTC from April suggests a significant shift in investor behavior, potentially impacting the available supply of Bitcoin.

A Binance-linked wallet received over 6,494 BTC between July 19 and August 8, but analysis shows no clear signs of imminent sales or increased selling pressure.

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