Bitcoin Whale Withdraws 3501 BTC from Binance, Driving Significant Price Surge

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

On September 27, according to data from Spot On Chain, a whale has significantly impacted the cryptocurrency market by withdrawing a cumulative 3501 BTC (approximately US$221.39 million) from Binance over the last three days. Recently, this whale executed an additional withdrawal of 100 BTC just 15 minutes ago. This activity is notable because each substantial withdrawal has been followed by a noticeable increase in Bitcoin’s price. Currently, the whale possesses a total of 4062 BTC, valued at approximately US$262.2 million, underscoring its potential influence in the market.

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