Bitcoin Price Drops as Whales Liquidate 9,500 BTC on Binance
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Bitcoin whales are converting their holdings into cash, leading to a drop in Bitcoin prices. Two wallets transferred approximately 9,500 BTC to Binance since June 27, potentially liquidating around $550 million worth of cryptocurrency. Identified by Lookonchain, this significant offloading points to major Bitcoin asset sales by whales.
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