Whale Moves 103 WBTC from Binance and Swaps 70 WBTC for 2,214 ETH in Major On-Chain Trade
2025-07-20 10:41:57
Main Idea
A whale moved 103 WBTC from Binance and swapped 70 WBTC for 2,214 ETH, highlighting significant asset reallocation and liquidity trends in the cryptocurrency market.
Key Points
1. A whale withdrew 103 WBTC (worth ~$12.22 million) from Binance on July 20.
2. The whale then swapped 70 WBTC for 2,214 ETH (worth ~$8.26 million).
3. The transaction reflects strategic asset reallocation and liquidity trends in the market.
Description
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$ETH
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