Bitcoin Whale Moves 500 BTC to Binance as BTC Trades Below $64K

A Bitcoin whale transferred 500 BTC to Binance after first moving the holdings to a newly created wallet identified as “1Dx8Hx.” The entire amount was deposited to the exchange about 23 minutes after the initial transfer, according to blockchain transaction data.

The transfer occurred while Bitcoin remained below $64,000. At the time of writing, the cryptocurrency was trading at $63,766, down 1% over the previous 24 hours.

Source: Onchain Lens