Many whales continue to accumulate BTC, with a single withdrawal amount exceeding $100 million

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PANews
05-20
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PANews reported on May 20th that, according to Lookonchain, multiple whale addresses have been continuously withdrawing Bitcoin from exchanges recently. Among them, the address bc1qcp withdrew 1,350 BTC (approximately $142 million) from Binance 8 hours ago, with a current total position of $219 million; bc1qpu (suspected to be associated with Abraxas Capital) withdrew 675 BTC from Kraken; a new address bc1q5k also withdrew 500 BTC from Binance 17 hours ago.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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