Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Market Capitalization:2 975 101 832 049,1 USD
Vol. in 24 hours:116 391 974 725,08 USD
Dominance:BTC 58,56%
ETH:11,47%
Yes

Bitcoin Deposit Notice: Veteran Whale Transfers $55 Million to Binance – Market Effects Unveiled

crypthub
Bitcoin Deposit Notice: Veteran Whale Transfers $55 Million to Binance – Market Effects Unveiled

Large Deposit Overview

An OG wallet labeled 1011short transferred 665.9 BTC (≈$55 million) to Binance. The move was executed over three hours, indicating deliberate planning. Such a sizable deposit is rare and draws immediate market attention.

Implications for the Market

Large exchange deposits often precede sell orders because traders need assets on‑chain to execute trades. Analysts view this as a potential signal of upcoming selling pressure, though it could also reflect profit‑taking or rebalancing. The timing coincides with mixed market indicators, adding uncertainty.

Role of Bitcoin OGs

Bitcoin OGs are early adopters who hold substantial coin amounts and can sway sentiment. Their actions can signal confidence, concern, or strategic shifts, influencing retail behavior. The 1011short pattern has been noted for preceding significant market moves.

Investor Guidance

Investors should weigh the deposit against broader context: wallet history, overall volume, liquidity, and macro factors. One transaction rarely dictates direction, but monitoring flow data helps gauge short‑term volatility. Use analytics tools alongside technical and fundamental analysis before reacting.