ConBasis
Crypto Headlines
Crypto Policies
Tech Insights
Blockchain Insights
Research Hub
Crypto Guides
Crypto Headlines
Crypto Policies
Tech Insights
Blockchain Insights
Research Hub
Crypto Guides
BTC Whale Sells 400 BTC ($40.59M) but Still Holds 3,100 BTC: What’s the Strategy?
A Bitcoin whale address (12d1e4...) just moved 400 BTC ($40.59M) to Binance, continuing a sell-off that began in April 2024. So far, this entity has sold 6,900 BTC ($625.59M) but still holds 3,100 BTC ($318.4M). As a crypto analyst, I break down the possible motives—profit-taking, portfolio rebalancing, or institutional maneuvers—and what it signals for the market. Data never lies, but whales sure love keeping us guessing.
Research Hub
bitcoin
crypto whales
•
4 days ago
Whale Alert: 400 BTC Dumped on Binance – Is This the Start of a Bigger Sell-Off?
As a crypto analyst tracking whale movements, I just spotted a massive transaction: 400 BTC ($40.59M) deposited to Binance by a single entity. This whale has been systematically selling since April, offloading 6,900 BTC ($626M) total while holding 3,100 BTC ($318M) remaining. Let's analyze what this could mean for Bitcoin's price action and whether retail investors should be concerned. Spoiler: my Python models aren't panicking... yet.
Research Hub
bitcoin
blockchain analysis
•
6 days ago