Whale Who Lost $40 Million Withdraws $45.37 Million From Binance
CryptoNewsTerminal Staff11 Sep, 2024
Whale Who Lost $40 Million Withdraws $45.37 Million From Binance
An anonymous whale who lost approximately $40 million by buying and selling Bitcoin at unfavorable prices has recently withdrawn 800 BTC ($45.37 million) from Binance. This transaction was analyzed by Lookonchain, a blockchain analytics firm. Despite previous losses, the whale's recent withdrawal suggests they may be anticipating a market recovery or seeking to diversify their holdings. The cryptocurrency market remains volatile, and investors should exercise caution when making investment decisions. ```
