Whale dey move 400 BTC go comot for Binance: Make profit and hold am
One anonymous Bitcoin whale carry 400 BTC (~$47M) waka-enter waka-leave Binance, mix profit-taking and hold for long. On-chain analysis show say the whale build 1,500 BTC position for about ~$56,418 per coin and make about ~$92M profit when e deposit 400 BTC to Binance. Shortly after, one wallet wey no use for long time withdraw the same 400 BTC from Binance go cold storage, fit mean say e dey accumulate. Big BTC flow dey affect exchange liquidity and fit influence short-term price moves. But lack of clear owner or sell-off signals dey make the immediate price effect uncertain. Crypto traders suppose dey track whale moves with macro trends, regulation update, and market demand to improve trading strategy.
Neutral
The deposit of 400 BTC to Binance get serious profit, e usually mean sey selling pressure go soon and short-term bearish pressure for price. But di later withdrawal of 400 BTC from Binance go cold storage mean sey dem dey accumulate and supply for exchange don reduce, fit support price stability or make price climb long-term. No clear ownership or sell intention dey make price direction uncertain. So, net effect be neutral, cause bearish and bullish signals balance each other.