Why are Bitcoin whales sending $30.5B to Binance?

defi

Large Bitcoin transfers to Binance total about $30.5 billion, but the figure reflects on-chain movement to the exchange rather than confirmed selling. Such inflows may indicate whales are positioning to trade, hedge, or take profits, though some transfers can also be internal or custody-related. The key implication is heightened potential for near-term volatility and sell-side pressure, not proof that a major sell-off is underway.

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