A post by @whale_alert on X.

A wallet linked to mining pool Antpool moved 700 BTC, worth about $51.89 million, to Binance in a single transaction flagged by Whale Alert. The transfer shifts a sizable block of newly mined or pooled bitcoin onto the exchange, where coins are typically held for sale or used as collateral. It matters because large miner-to-exchange flows are watched as a signal of potential selling pressure from producers covering costs. Traders will watch whether the deposit is followed by increased spot selling or a build-up in Binance reserves.