Bitcoin

Amid rumors about a major crypto exchange, investors are pulling out significant Bitcoin amounts from Binance.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/42f5f096fe914daaadd2df2a67175746.gif" />Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://t.me/trigOz_Airdrop_Bot" rel="noopener noreferrer nofollow">Join Now</a>CEO Changpeng Zhao dismissed the rumors as an attempt to create fear and doubt. On August 23, Whale Alert on Twitter reported five withdrawals in a single minute, totaling 5,729 BTC (<a href="https://cryptosheadlines.com/ark-invest-buys-8-million-worth-of-coinbase-shares-on-international-workers-day/" rel="noopener noreferrer nofollow">worth $150 million</a>).While conducted as separate transactions, all of the above occurred in a single Bitcoin block (block height 804522), registering simultaneously.These withdrawals involved several recipients, with one particular address, “1KNm4…rA72p,” taking the spotlight. This unknown <a href="https://cryptosheadlines.com/1-million-bitcoin-addresses-hold-1-btc-or-more-glassnode/" rel="noopener noreferrer nofollow">address holds</a> the largest sum, currently possessing 5,434 BTC.<h2 id="header-0">Bitcoin Exodus from Binance</h2>Binance Reports 6 Days of Negative Bitcoin Netflow: Data from CryptoQuant indicates that Binance has seen continuous negative Bitcoin netflow for six days since August 17. During this period, a total of 14,460 BTC has been withdrawn from Binance’s reserves until August 22, following a price decrease. <a href="https://cryptosheadlines.com/bitcoin-whales-withdraw-5000-btc-from-binance-in-1-minute/" rel="noopener noreferrer nofollow">Read More...</a>

Bitcoin Whales Withdraw 5000+ BTC from Binance in 1 Minute

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