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A certain whale reportedly, in the past 5 hours deposited with Binance and Deribit 4000 Bitcoin.
A certain whale in the past 5 hours deposited CEX deposited 4000 Bitcoin, worth 327000000 USD
PANews October 23 According to the report, Lookonchain monitored that a certain whale in the past 5 hours deposited 4000 Bitcoin, worth 327000000 USD。
Source: https://www.panewslab.com/zh/articles/01a1685f-529e-7283-b653-90980bf27dca
PANews reported that Lookonchain monitored a certain whale in the past 5 hours deposited with Binance and Deribit 4000 Bitcoin.
The amount reported was 327000000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
CEX This refers to centralized exchanges; the report said that the Bitcoin in question was transferred into Binance and Deribit, but did not state whether it was subsequently sold.
Large Bitcoin transfers into exchanges may increase market attention to potential selling or collateral supply, but the transfer itself does not mean that a sale has already occurred.
Beginners should distinguish between “transferring into an exchange” and “completing a sale”; they are not the same thing.
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An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
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