Early BTC whale deposits $33M to Binance
Again
An early holder from 2013 has moved another
500 BTC to Binance, extending a months-long distribution trend. This wallet has now transferred roughly 4,000 BTC to the exchange since late 2024, potentially locking in $363M in profits at an average price above $91,000.
- The whale still holds around 1,000 BTC ($66M), which could hit the market in future tranches.
- This latest move coincides with a 5% weekly dip in $BTC price as exchange liquidity
absorbs these early-era coins.
The reactivation of dormant wallets from a decade ago is becoming a broader market trend.
These movements typically signal that long-term holders are finally realizing gains, which adds steady sell pressure as the market struggles to maintain its footing.
#BTC Price Analysis#