Bitcoin Whales Steadily Pulling Funds From Binance – What’s Fueling The Action?
Even as bearish pressure builds, Bitcoin’s price continues to hold above the $109,000 mark after its recent rebound that pushed its price beyond $110,000. BTC’s rebound has triggered a wave of renewed conviction, as evidenced by massive outflows by whales on the Binance crypto platform. Large BTC Holders On Binance Draining Holdings As Bitcoin surges […]
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Data shows the Bitcoin Coinbase Premium Gap has plunged into negative territory, a sign that Binance whales may be the ones fueling the rally. Bitcoin Coinbase Premium Gap Has Declined Alongside Latest Price Surge As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Coinbase Premium Gap has dropped to a negative […]
Binance saw its biggest Bitcoin outflow in history after $816 million (58,861 BTC) was withdrawn in one day. Binance saw its biggest Bitcoin (BTC) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single day, equivalent to $816 million.The significant spike in outflows could suggest two things. First, it might show that whales could be bracing for a rally in the near term. Second, an over-the-counter deal could have occurred, causing whales to move their funds.Bitcoin outflows on Binance. Source: CryptoQuant.comOn-chain activity....
An account blockade that happened more than five months ago due to money laundering issues has prompted some Colombian users of Binance to commence legal action against the exchange in the country. According to reports the funds blocked exceed $1 million, and after an investigation from the FIOD, the Netherlands’ anti-money laundering watchdog, the funds were linked to financial crimes.
Binance Account Blockage Prompts Legal Action in Colombia
Binance is facing legal issues in Colombia after blocking the accounts of a group of citizens whose activities were allegedly....
The tariff news cycle has unleashed a wave of FUD on the Bitcoin market. Here’s how the whales on the largest exchange have been reacting to it. Bitcoin Exchange Inflows Have Been Dropping On Binance Recently In a CryptoQuant Quicktake post, an analyst has talked about how the Bitcoin Binance whales have been behaving recently. […]
Kyrgyzstan has rolled out a national stablecoin in collaboration with the world’s biggest exchange, Binance. This action represents one of many significant developments following multiple contacts between the Central Asian nation and Binance co-founder and former CEO Zhangpeng Zhao. Related Reading: Bitcoin Whales Are On The Move: Binance Sees Explosive Growth In Inflows Amid Market […]