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Bitcoin Whale Unloads Another $225M at Binance Amid $850M Total

Guavy AI Editorial Team
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A large Bitcoin whale has transferred another $225.7 million in BTC to Binance over the past two hours, according to on-chain data from Lookonchain.

This latest move brings the total deposits from this specific address to 12,513.5 BTC, or roughly $850 million, since July 19.

The whale's identity remains unknown, and the funds could belong to a trading desk, a fund rebalancing its holdings, or an individual investor.

Historically, large exchange inflows can precede short-term price dips, but they are not a definitive predictor of market direction. The actual intent behind such deposits is not always straightforward.

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