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LATESTBitcoin Price Stays Near $81,000 as Matrixport Ships 2,400 BTC to Binance

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: A wallet linked to BIT, the firm formerly known as Matrixport, dropped another 1,000 BTC worth $81.06 million into Binance on Saturday, its second large deposit to the exchange this week. The Wallet in Question The address, which begins with ‘bc1qsz,’ sent the coins to Binance early Saturday, tracker Lookonchain reported. Other outlets carried and […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large BTC deposit to Binance may increase selling pressure.

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