May 9, 2025

Bitcoin Price Dips as Institutional Whale Transfers $114 Million BTC to Binance

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Bitcoin’s price experienced a significant drop following a major transfer to Binance by an institutional whale. After peaking at $72,000, Bitcoin’s price corrected to $58,500 but later recovered to $63,800 before facing another decline due to recent developments. On-chain data platforms Spot On Chain and EmberCN reported that an institutional whale moved 1,800 Bitcoins, worth

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Source: CoinOtag

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