Major Whale Moves 3,000 BTC to Binance, Keeps Shorting Bitcoin

TLDR: Whale 19D5 transferred 3,003 BTC to Binance in 48 hours, worth around $335 million at current prices. The entity also moved 651 BTC to Hyperliquid, maintaining a $140 million short position against Bitcoin. 19D5’s total holdings have dropped from over 100,000 BTC to around 39,000 BTC as selling continues. Analysts are tracking the whale’s [...]

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