A rather anomalous outflow movement from the Binance Hot wallet has occurred in the past few hours. Over 38,000 Bitcoin (About $661 million) have been transferred out of the Binance wallet in just 48 hours. As can be seen on every timeframe, the Outflow is way out of scale.
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An abnormal event in a short period of hours, all the more so at the current price level, especially from one exchange : Binance.
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All Bitcoins are coming out of the Binance Hot Wallet, a single address : bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h
In recent hours there have been unhappy reports about Binance and its possible failure to cover.
We will be following very very closely in the coming hours; we may be at the beginning of something very very important.
Outflow movements are still occurring, so new updates will follow.
Is this a accumulation or a Bankrun Start?
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