Bitcoin Whale Accumulates 4,500 BTC from Binance Anticipating Higher Prices Ahead

Bitcoin Whale Accumulates 4,500 BTC from Binance Anticipating Higher Prices Ahead

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Author: Nidhi Kolhapur

Nidhi Kolhapur

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Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Jul 30, 2024 19:55

According to whale tracking platform Lookonchain, a significant whale, identified as “12QVsf,” has withdrawn a substantial amount of Bitcoin from major exchanges, likely accumulating amidst an anticipation of higher prices ahead. It withdrew a total of 4,500 BTC, valued at approximately $302 million, from Binance within the last 22 hours. The whale “12QVsf” currently holds 4,500 BTC with an unrealized loss of around $12.12 million. Additionally, Lookonchain identified three wallets, potentially linked to the same whale, that withdrew a combined total of 1,400 BTC from Bitfinex. 

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