A post by @whale_alert on X.
700 $BTC (51,909,093 USD) transferred from #Antpool to #Binance
@whale_alert on X
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A wallet linked to mining pool Antpool moved 700 BTC, valued at roughly $51.9 million, to the Binance exchange, according to on-chain tracker Whale Alert. The transfer, flagged in a single transaction, shifts a sizable block of newly mined or pooled bitcoin into the exchange’s custody. Large miner-to-exchange flows are closely watched because they can signal that miners intend to sell holdings or post collateral. The move comes as bitcoin trades near the level implied by the transfer’s dollar value, roughly $74,000 per coin. Traders will watch Binance order books and subsequent miner outflows for signs of whether the 700 BTC is sold or simply rebalanced.
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Named in this story
Bitcoin (BTC), Binance, Antpool, Whale Alert
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