Bitcoin whale transfers 3,000 BTC to Binance

A Bitcoin whale transferred 3,000 BTC to Binance, valued at about $225.67 million, according to on-chain data from Lookonchain. The transfer happened over the previous two hours from an address starting with bc1qsy. The whale has been steadily shifting Bitcoin to Binance since July 19, bringing the total deposits to 12,513.5 BTC worth approximately $850 million. Exchange deposits are typically interpreted as being intended for selling.

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