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Bitcoin Whale Dumps Over 1K BTC As Price Hits $63K, More Selloff Ahead?

source-logo  coingape.com 2 h

A recent dump by a Bitcoin whale has caught the eyes of investors, especially as the BTC price soared more than 6% today. A report showed that the large holder dumped 1.03K BTC, worth around $64.3 million, to Binance, fueling speculations over the potential reason behind the selloff. In addition, the whale has also previously made similar large BTC transactions, which have also sparked discussions over further selloff in the market.

coingape.com