CryptoQuant CEO Raises Alarm Over Bitcoin Whale Activities By CoinEdition
CryptoQuant CEO Raises Alarm Over Bitcoin Whale Activities
- CryptoQuant CEO alerted that miners in the 1THash pool transferred 3,336 Bitcoins to Binance.
- 1THash transfer is one of two large transfers to Binance exchange within 48 hours.
- Crypto community is worried about the possible impact if such amounts of are dumped on the market.
The co-founder and CEO of CryptoQuant, the crypto on-chain analysis platform, Kim Young Ju raised the alarm over some whale activity in the Bitcoin ecosystem.+ In a tweet, Ju alerted that miners in the 1THash pool transferred 3,336 Bitcoins to the Binance exchange. Ju’s alert was a retweet of an original and more detailed tweet by CryptoQuant’s senior analyst, Julio Monero.
Miner(s) in 1THash pool sent 3,336 $BTC to Binance. https://t.co/2xvlrc9QuP
— Ki Young Ju (@ki_young_ju) January 19, 2023
The post CryptoQuant CEO Raises Alarm (NASDAQ:) Over Bitcoin Whale Activities appeared first on Coin Edition.
Read More: CryptoQuant CEO Raises Alarm Over Bitcoin Whale Activities By CoinEdition
Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.