On September 24, a significant whale transaction was recorded, with a deposit of 750 BTC (approximately $47.9 million) into Binance, as reported by BlockBeats. According to Spotonchain monitoring, this deposit occurred roughly an hour ago.
Whale Accumulation and Opening Price
This whale had previously accumulated a total of 1,115 BTC (valued at around $65.1 million) from Binance in early September. Notably, the average opening price for these positions was just $58,382.
The recent deposit signifies continued interest from large investors, potentially impacting market dynamics and signaling confidence in Bitcoin’s future price movements. As whales adjust their holdings, market observers will closely monitor further transactions for indications of broader trends in cryptocurrency investment.
